When jolt co. acquired 75% of the common stock of yelts corp., yelts owned land with a book value of $70, 000 and a fair value of $100, 000. what amount should have been reported for the land in a consolidated balance sheet at the acquisition date?
a) $ 52, 500.
b) $ 70, 000.
c) $ 75, 000.
d) $ 92, 500.
e) $ 100, 000.
Answers: 3
Business, 21.06.2019 23:30, aaroneduke4576
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Answers: 1
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Answers: 2
Business, 22.06.2019 07:50, kristinaholahan
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Answers: 2
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