Based on the Following Information, What Amount Will Be Presented

question 36

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

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Definitions:

Off-price Retailers

Retailers who provide high quality goods at lower prices by selling excess inventory or out-of-season items procured from wholesalers or manufacturers.

Stock Merchandise

Stock Merchandise refers to the inventory of goods that a retailer has on hand to sell to customers.

Service Retailer

A business that primarily sells services rather than tangible products, catering to customers' needs through the provision of expertise or activities.

Zumba Dance Classes

Fitness classes that combine Latin and international music with dance moves to create a dynamic, effective, and fun workout environment.