Washburn Company owns 75 percent of Metcalfe Company's outstanding common stock. During the year, Metcalfe issues additional shares to outside parties at a price more
Washburn Company owns 75 percent of Metcalfe Company's outstanding common stock. During the year, Metcalfe issues additional shares to outside parties at a price more than its per share consolidated value.
How is this impact recorded within the consolidated statements?
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Authors: Pietro Alessandrini ,Michele Fratianni ,Alberto Zazzaro
1st Edition
1441947205, 978-1441947208
