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    Accounting Principles
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    Exam 16: Investments
  5. Question
    A Company That Owns More Than 50% of the Common
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A Company That Owns More Than 50% of the Common

Question 16

Question 16

Short Answer

A company that owns more than 50% of the common stock of another company is known as the ______________ company and _____________ financial statements are usually prepared.

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