Happytime Corporation owns 45 of Ben Vereen Corporation acquired several years ago at book value BVCs current income statement contains the following information Happytime should report income from BVC in its income from continuing operations at IncomefromcontinuingoperationsGainfromdiscontinuedoperationsNetincome$50080$580

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Happytime Corporation owns 45% of Ben Vereen Corporation acquired several years ago at book value. BVCs current income statement contains the following information: Happytime should

Happytime Corporation owns 45% of Ben Vereen Corporation acquired several years ago at book value. BVCs current income statement contains the following information:

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Happytime should report income from BVC in its income from continuing operations at:

IncomefromcontinuingoperationsGainfromdiscontinuedoperationsNetincome$50080$580

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