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Title: Parent Corporation owns 80% of the stock of an insolvent subsidiary corporation. Vic owns the ... Post by: safezone on Feb 14, 2017 Parent Corporation owns 80% of the stock of an insolvent subsidiary corporation. Vic owns the remaining 20% of the stock. The courts determine the subsidiary to be bankrupt, and the shareholders receive nothing for their investment. How do they report their losses?
Title: Re: Parent Corporation owns 80% of the stock of an insolvent subsidiary corporation. Vic owns the ... Post by: genflynn on Feb 14, 2017 Content hidden
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