Acquisition of treasury stock

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Reference no: EM13259495

The acquisition of treasury stock by a subsidiary 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.

Reference no: EM13259495

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