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On January 1, 2013, Company P owns 100% of Company S that reports a Stockholders' Equity of$500,000 and 20,000 shares of $1 par value common

On January 1, 2013, Company P owns 100% of Company S that reports a Stockholders' Equity of$500,000 and 20,000 shares of $1 par value common stock outstanding. This acquisition was made at book value...

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