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Is there a parent-subsidiary relationship in each of the situations below? If the situation is...

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Accounting

Is there a parent-subsidiary relationship in each of the situations below? If the situation is ambiguous,
identify the factors that will determine if a parent-subsidiary relationship exists.
A. Company A signs an agreement with company B to set up company C in China. Both company And Company B will have 50% voting rights in company C.
B. Company A buys 100% of the net assets company B. The purchase price includes goodwill.
Company B is subsequently dissolved.
C. Company A arranges to have its shares acquired by Company B who issues new shares to the
owners of company A. The owners of Company A are also the executive directors of Company A. Company B gives three of five seats on the board of directors to the executive directors of
company A.

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