Based on the Following Information,what Amount Will Be Presented for "Equity

question 92

Multiple Choice

Based on the following information,what amount will be presented for "equity" on the consolidated balance sheet of Investor for its wholly owned subsidiary?

• A)$100
• B)$300
• C)$600
• D)$700

---

Definitions:

Reptiles

A group of cold-blooded vertebrate animals characterized by scales or scutes, laying shelled eggs, and breathing air, including snakes, lizards, crocodilians, and turtles.

Clade

A group of organisms believed to comprise all the evolutionary descendants of a common ancestor.

Ancestral Traits

Characteristics that appeared in common ancestors and are passed down to subsequent generations.

Shared

A term referring to something that is used or belongs to more than one person or entity.