15. Scissor Corporation holds assets with a book value of $125,000 and liabilities with a book value
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Question:
15.
Scissor Corporation holds assets with a book value of $125,000 and liabilities with a book value of $50,000. What balance will be assigned to the noncontrolling interest in the consolidated balance sheet if Hole Punch Company pays $90,000 to acquire 75% of Scissor and goodwill of $20,000 is reported?
Group of answer choices
$50,000
$30,000
$40,000
$20,000
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