For what reason would a company buy 10% of the common stock of a second...
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Accounting
For what reason would a company buy 10% of the common stock of a second company?
a. The company wishes to insure a steady source of goods from the second company.
b. The company has idle cash and wishes to have a higher return than that available from temporary money market investments.
c. The company wishes to prepare consolidated financial statements.
d. More than one of these choices is correct
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