On the Date of Acquisition, Consolidated Shareholders' Equity Under Proprietary

question 49

Multiple Choice

On the date of acquisition, consolidated shareholders' equity under proprietary theory is equal to:

• A) the sum of the parent and subsidiary's shareholders' equities.
• B) the sum of the parent's shareholders' equity plus its pro rata share of the subsidiary's shareholders' equity on the date of acquisition.
• C) the parent's shareholders' equity.
• D)the subsidiary's shareholders' equity.