Solved

Brian Company Purchased 40% of the Outstanding Shares of Wilson

Question 63

Multiple Choice

Brian Company purchased 40% of the outstanding shares of Wilson Company as a long-term investment.At the end of the year the market value of the shares had increased. The increase in market value of Wilson Company shares will affect Brian Company by_____.


A) increasing assets and stockholders' equity
B) increasing stockholders' equity and investments
C) increasing investments and cash
D) having no effect

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions