A company is referred to as a parent if it owns
A)33% of the debt securities of another company.
B)100% of the debt securities of another company.
C)15% of the stock of another company.
D)more than 50% of the stock of another company.

Question

Quizplus · Accepted Answer

A company is considered a parent if it owns more than 50% of another company's stock. This means that it has controlling interest and can make decisions for the subsidiary company.

A Company Is Referred to as a Parent If It