The Acquisition of Treasury Stock by a Subsidiary from Noncontrolling

question 33

Multiple Choice

The acquisition of treasury stock by a subsidiary from noncontrolling shareholders at a price above book value

• A)decreases the parent's share of subsidiary book value and decreases the parent's ownership percentage.
• B)decreases the parent's share of subsidiary book value and increases the parent's ownership percentage.
• C)increases the parent's share of subsidiary book value and decreases the parent's ownership percentage.
• D)increases the parent's share of subsidiary book value and increases the parent's ownership percentage.

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