On January 1, 2019, Aronsen Company acquired 80 percent ofSiedel Company??s outstanding shares. Siedel had a net book value onthat date of $860,000: common stock

On January 1, 2019, Aronsen Company acquired 80 percent ofSiedel Companyâ??s outstanding shares. Siedel had a net book value onthat date of $860,000: common stock ($12 par value) of $480,000 andret 2 answers