Business, 14.07.2019 07:30 Legoman29305
Crawford corporation acquires nashville, inc. the parent pays more for it than the fair value of the subsidiary's net assets. on the acquisition date, crawford has equipment with a book value of $430,000 and a fair value of $609,000. nashville has equipment with a book value of $336,500 and a fair value of $441,500. nashville is going to use push-down accounting. immediately after the acquisition, what amounts in the equipment account appear on nashville's separate balance sheet and on the consolidated balance sheet
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Crawford corporation acquires nashville, inc. the parent pays more for it than the fair value of the...
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