Company Y Purchases a Controlling Interest in Company Z on January

Multiple Choice

Company Y purchases a controlling interest in Company Z on January 1, 2012. Which of the following would appear as the Shareholders' Equity amount on Company Y's Consolidated Balance Sheet on the date of acquisition?

A) Company Y's Shareholders' Equity.
B) The sum of the Shareholders' Equity of both companies.
C) Company Y's Shareholders' Equity as well as Company Y's proportional share of company Z's net assets at book value.
D) Company Y's Shareholders' Equity as well as Company Y's proportional share of company Z's net assets at Fair Market Value.