Match the following terms with the appropriate definitions.
-A company that owns a more than 50% controlling interest in a subsidiary.
A)Available-for-sale securities
B)Equity method
C)Parent company
D)Consolidated financial statements
E)Long-term investments
F)Unrealized gain (loss)
G)Trading securities
H)Return on total assets
I)Subsidiary
J)Held-to-maturity securities

Question

Quizplus · Accepted Answer

A parent company is defined as a company that owns more than 50% controlling interest in another company, making the latter a subsidiary.

Match the Following Terms with the Appropriate Definitions