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If P. company paid $360000 to acquire a part of S. company common stocks and if the positive difference balance between the total implied value and the total amount of S. company equities was $130000 and the total amount of the book value of S. company equities was :$350000, then answer (16-20) The percentage of controlling.16 = interest in S. company

If P. company paid $360000 to acquire a part of S. company common stocks and if the positive difference balance between the total implied value and the total amount of S. company equities was $130000 and the total amount of the book value of S. company equities was :$350000, then answer (16-20) The percentage of controlling.16 = interest in S. company

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If P. company paid $360000 to acquire a part of S. company common stocks and if the positive difference balance between the total implied value and the total amount of S. company equities was $130000 and the total amount of the book value of S. company equities was :$350000, then answer (16-20) The percentage of controlling.16 = interest in S. company
Transcribed Image Text:If P. company paid $360000 to acquire a part of S. company common stocks and if the positive difference balance between the total implied value and the total amount of S. company equities was $130000 and the total amount of the book value of S. company equities was :$350000, then answer (16-20) The percentage of controlling.16 = interest in S. company
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