Multiple Choice
On the date of acquisition,consolidated shareholder equity is equal to:
A) the sum of the parent and subsidiary's shareholder equities.
B) the sum of the parent's shareholder equity plus its pro rata share of the subsidiary's shareholder equity on the date of acquisition.
C) the parent's shareholder equity.
D) the subsidiary's shareholder equity.
Correct Answer:

Verified
Correct Answer:
Verified
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