On a Consolidated Balance Sheet, Subsidiary Preferred Stock Will Be

question 6

Multiple Choice

On a consolidated balance sheet, subsidiary preferred stock will be shown:

• A) as part of consolidated stockholder's equity.
• B) combined with any preferred stock of the parent.
• C) as part of the noncontrolling interest amount to the extent such balance represents preferred stock held by the parent.
• D) as part of the noncontrolling interest amount to the extent such balance represents preferred stock held by outside interests.

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