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P Company paid $5,000,000 (cash) for an 80% interest in S Company on 7/1/07. The book values and fair values of S's assets and liabilities
P Company paid $5,000,000 (cash) for an 80% interest in S Company on 7/1/07. The book values and fair values of S's assets and liabilities on the date of acquisition were as follows: BV FV Cash...
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