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If a subsidiary re-acquires its outstanding shares from outside ownership for more than the noncontrolling Interest valuation basis at the date of buying such treasury
If a subsidiary re-acquires its outstanding shares from outside ownership for more than the noncontrolling Interest valuation basis at the date of buying such treasury stock, which of the following statements is true? Multiple Choice O Treasury stock on the parent's books will decrease. Treasury stock on the parent's books will increase. Investment in subsidiary will increase. Additional pald-in capital on the parent company's books will decrease. No adjustment is necessary
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