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Company X issues 100,000 shares in 2020. Company Y purchases 53,000 shares of company X. Therefore company Y will be treated as having A. Controlling

Company X issues 100,000 shares in 2020. Company Y purchases 53,000 shares of company X. Therefore company Y will be treated as having

A. Controlling Interest in X

B. Minority active interest in X

C. Controlling passive interest in X

D. Minority passive investments in X

(NOTE: Please chose the correct answer)

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