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I need the consolidated income to controlling interest amount and the NC interest CR amount as asked in the green boxes. I already know the
I need the consolidated income to controlling interest amount and the NC interest CR amount as asked in the green boxes. I already know the asnwer to the yellow boxes is correct and should not be changed. DATA: On Big acquired of Little's voting stock for $ The fair value of the NC Interest on that date was $ All of Little's assets and liabilities had fair values eq Little had the following trial balance on that date:ual to book value, so any differential is ascribed to goodwill. Cash & Receivables
PPE
Liabilities
Common Stock
Retained earnings
Sales
Cost of goods sold
Other expenses
Dividends declared By the end of the year, Little reported total annual earnings of $ and paid total annual dividends of $
The end of year trial balances, arranged in worksheet format, are:
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