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Assume that the Parent Company purchased 100% of the subsidiary company at $14.1 million. begin{tabular}{ll} Parent Company & Subsidiary Company cline { 2 -
Assume that the Parent Company purchased 100% of the subsidiary company at $14.1 million. \begin{tabular}{ll} Parent Company & Subsidiary Company \\ \cline { 2 - 2 }$89.7 & $170,7 \\ $65.1 & $156.6 \\ 24.6 & 14.1 \\ $89.7 & $170.7 \end{tabular} Total assets.... Total liabilities.. Total shareholders' equity... Total liabilities and equity... $89.7 $170.7 In the consolidated financial statements, the total assets will be reported for a dollar amount of
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