BELL acquired 22.0% of Ross, Inc.s 80,000 shares at the beginning of 2022. During the year Ross
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BELL acquired 22.0% of Ross, Inc.’s 80,000 shares at the beginning of 2022. During the year Ross had NI of $150,000 and a POR of 40%. At fye 2022 the balance in BELL’s Investment in Ross account was $283,800. What was the per share price that BELL paid to acquire the shares?
Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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