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On January 1, Year 2, PAT Ltd. acquired 90% of SAT Inc. whenSAT??s retained earnings were $910,000. There was no acquisitiondifferential. PAT accounts for its

On January 1, Year 2, PAT Ltd. acquired 90% of SAT Inc. whenSATâ??s retained earnings were $910,000. There was no acquisitiondifferential. PAT accounts for its investment under the costmethod. SAT 2 answers

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