An Investor That Has Effective Control Over an Investee Usually

question 95

Multiple Choice

An investor that has effective control over an investee usually owns ________ of the investee's stock.

• A) less than 20 percent
• B) more than 20 percent
• C) more than 40 percent
• D) more than 50 percent

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Definitions:

Quantity Sold

The total number of units of a product or service that have been purchased by customers in a specific time period.

Quantity Supplied

The total amount of a good that sellers are willing to sell at a given price over a specified period.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Demand

The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a given period of time.