On January 1, 2015, Pub Corporation made a significant acquisition, purchasing 75 percent of Sub Corporation's outstanding voting stock for a total of $4,200,000. Sub Corporation's stockholders' equity at that time was made up of the following components (all values in thousands): Capital stock with a par value of $10: Additional paid-in capital: Retained earnings as of December 31, 2014: Total stockholders' equity: $2,000 $1200 $1500 $4700
REQUIRED
Determine the amounts that would appear in the consolidated financial statements of Pub Corporation and Sub for each of the following:
1.
2. Non-controlling interest share for 2019
3. Consolidated
4. Consolidated retained earnings at December 31, 2019
5. Consolidated net income for 2019
6. Non-controlling interest at December 31, 2018
7. Non-controlling interest at December 31, 2019
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4. Consolidated
5. Consolidated net income for 2019
6. Non-controlling interest at December 31, 2018
7. Non-controlling interest at December 31, 2019
by Bartleby ExpertKindly answer these questions related to the question
4. Consolidated
5. Consolidated net income for 2019
6. Non-controlling interest at December 31, 2018
by Bartleby ExpertPlease answer these last few pertaining to the infomation above thanks.
Determine the amounts that would appear in the consolidated financial statements of Pub Corporation and Sub for each of the following:
4. Consolidated
5. Consolidated net income for 2019
6. Non-controlling interest at December 31, 2018
7. Non-controlling interest at December 31, 2019
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