Problem regarding excellent buying and selling activity


Question: Excellent Corp. (Excellent) currently controls Yes Corp. (Yes). Excellent purchases and sells Yes's voting shares on the open market but always ensures that it maintains a controlling interest over Yes. Which of the following statements pertaining to Excellent's buying and selling activity is correct? Question Select one: a. As Excellent buys shares of Yes, the noncontrolling interest increases. b. As Excellent sells shares of Yes, the noncontrolling interest decreases. c. Excellent's activity has no effect on the non-controlling interest. d. As Excellent sells shares of Yes, the non-controlling interest increases.

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