Why does the issuance by the subsidiary of new shares to outsiders affect the parents consolidated assets?

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Why does the issuance by the subsidiary of new shares to outsiders affect the parent’s consolidated assets?

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Advanced Financial Accounting

ISBN: 978-0132928939

7th edition

Authors: Thomas H. Beechy, V. Umashanker Trivedi, Kenneth E. MacAulay

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Question Posted: May 24, 2018 09:27 AM

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Why does the issuance by the subsidiary of new shares to outsiders affect the parents consolidated assets?

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Usually the issuance of new shares by a subsidiary will result in a commensurate in...View the full answer

Advanced Financial Accounting

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