ADVANCED FINANCIAL ACCOUNTING IA
ADVANCED FINANCIAL ACCOUNTING IA
12th Edition
ISBN: 9781260545081
Author: Christensen
Publisher: MCG
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Chapter 4, Problem 4.9Q
To determine

Differential:

In investment accounting, the term differential is used to represent the difference between the sum of fair value paid, the fair value of shares already owned by the investing company, fair value of non-controlling interest and the book value of the net identifiable assets acquired.

To Indicate: The importance of a consolidated financial statement in case of a large differential.

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ADVANCED FINANCIAL ACCOUNTING IA

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