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Parker Company acquired 80% ownership of Noah Company on Jan. 1, 2020 for $200,000. On that date, the fair value of the NCI was $50,000,
Parker Company acquired 80% ownership of Noah Company on Jan. 1, 2020 for $200,000. On that date, the fair value of the NCI was $50,000, and Noah reported retained earnings of $50,000 and had $100,000...
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