ADVANCED ACCOUNTING(LL) W/CONNECT
ADVANCED ACCOUNTING(LL) W/CONNECT
13th Edition
ISBN: 9781260282382
Author: Hoyle
Publisher: MCG
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Chapter 4, Problem 38P

a.

To determine

Prepare a worksheet to consolidate these two companies as of December 31, 2018.

b.

To determine

Prepare a 2018 consolidated income statement for Company H and Company D.

c.

To determine

Identify the impact on goodwill if instead the non-controlling interest shares of Company D had traded for $4.76 surrounding Company H’s acquisition date.

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