A corporation that has a controlling interest (voting interest of more than 50 percent) in another corporation (the subsidiary) Companies present the investment in the subsidiary as a long-term investment on the financial statements of the parent.
(a) option premium
(b) parent
(c) fair value
(d) forward contract
Ans: (b) parent
Business
You might also like to view...
The real estate disclosure law that became effective on January 1, 1988, refers to:
A: Truth-in-Lending; B: Agency relationships; C: People who arrange credit; D: Disclosures made by sellers.
Business
Past marketing plans are good sources of internal secondary information
Indicate whether the statement is true or false
Business