BUSINESS 047866101

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Chapter 08 Consolidated Cash Flows and Changes in Ownership MCQ's with Correct Answers

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Multiple Choice Questions 1. A Inc. owns 80% of B's outstanding voting shares. Under which of the following scenarios would A's ownership percentage of B change? A. B Inc. announces a 2-for-1 stock split to all its common shareholders. B. B issues an additional 10,000 voting shares; A acquires 8,000 shares of the new issue. C. B issues an additional 10,000 voting shares; A acquires 6,400 shares of the new issue. D. B retires 20,000 voting share, and in doing so, buy back 16,000 shares fr...

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BUSINESS 047866101 • BUSINESS 047866101