Business, 23.07.2019 06:20 chimbali9736
On january 1, 20x9, pallet company acquires 80 percent ownership in slat corporation for $200,000. the fair value of the noncontrolling interest at that time is determined to be $50,000. slat reports net assets with a book value of $250,000 and fair value of $250,000. pallet company reports net assets with a book value of $600,000 and a fair value of $650,000 at that time, excluding its investment in slat. what will be the amount of consolidated net assets that would be reported immediately after the combination?
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On january 1, 20x9, pallet company acquires 80 percent ownership in slat corporation for $200,000. t...
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