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Business, 30.10.2019 02:31 sarah5707

Kordel inc. acquired 75% of the outstanding common stock of raxston corp. raxston currently owes kordel $500,000 for inventory acquired over the past few months. in preparing consolidated financial statements, what amount of raxston’s liability should be eliminated?

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Kordel inc. acquired 75% of the outstanding common stock of raxston corp. raxston currently owes kor...
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