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ion 20 Et ered ed out of ng question On 1/1/2019,R CO acquired 80% of F Co common stock for $172,000 in cash At the

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ion 20 Et ered ed out of ng question On 1/1/2019,R CO acquired 80% of F Co common stock for $172,000 in cash At the acquisition date the book values and fair values of Fco assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20% of the total book value of Fco. The stockholders' equity accounts of the two companies at the acquisition date are: LOR F common stock(5@par 250,000 100,000 additional paid in capital 107,000 40,000 retained earning 175,000 75,000 Non controlling interest was assigned income of $5,500 in R consolidated Income statement for 2019 Based on the preceding information, what will be the total stockholders' equity in the consolidated balance sheet as of January 1, 2019? Select one: a. 790,000 b. 532,000 C. 618.000 d. 575,000 Previous page Next page

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