When a subsidiary issues additional common stock at more or less than book value, the parent's equity in the subsidiary's net assets at book value is unchanged under the economic unit concept.

Question

Quizplus · Accepted Answer

The Answer of When a subsidiary issues additional common stock at more or less than book value, the parent's equity in the subsidiary's net assets at book value is unchanged under the economic unit concept.

When a Subsidiary Issues Additional Common Stock at More or Less