Asked by Kayli Swigart on May 16, 2024

verifed

Verified

When one company owns more than 50% of another company's voting stock and has control over the investee company,the investee is called the ________.

Investee

A company in which an investor holds a minor equity or debt stake, implying a level of influence but not full control.

  • Distinctively understand the financial reporting treatments for trading securities, available-for-sale securities, and held-to-maturity debt instruments.
verifed

Verified Answer

MF
Mateo FloresMay 20, 2024
Final Answer :
subsidiary