a) How are the assets and liabilities of the subsidiary valued on the consolidated balance sheet when the parent acquires a controlling interest that is less than 100% of the subsidiary's outstanding stock? b) How is it possible for a parent company to purchase, say 80% of a company, yet add 100% of its assets and liabilities to the consolidated balance sheet? c) Where is the "Noncontrolling Interest" account balance reported on the consolidated financial statements? d) How is the total fair value of the subsidiary determined at the acquisition date? e) Describe the two methods of determining the fair value of the noncontrolling interest in the subsidiary at the date of acquisition. When would you use one over the other