Viner Ltd Acquired 70% of Bittner Ltd

Multiple Choice

Viner Ltd. acquired 70% of Bittner Ltd. on January 1, 2010. On January 1, 2014, Viner acquired another 10% of Bittner's common shares for $250,000. With respect to this additional purchase, which of the following is TRUE?

A) On the consolidated statement of financial position, the goodwill balance will increase.
B) Viner should ignore any changes in the fair values of Bittner's net assets between
January 1, 2010 and January 1, 2014.
C) On the consolidated statement of financial position, the common shares balance will increase.
D) Viner must use the equity method to report the additional investment.