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On January 1, 2024, Blue Company purchased 8,480 shares of Kingbird Company's common stock for $124,000. Immediately after the stock acquisition, the statements of financial

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On January 1, 2024, Blue Company purchased 8,480 shares of Kingbird Company's common stock for $124,000. Immediately after the stock acquisition, the statements of financial position of Blue and Kingbird appeared as follows: Calculate the percentage of Kingbird acquired by Blue Company. Percentage of Kingbird acquired %

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