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Peach Co. acquired 60% of the common stock of Beaver Corp. for $480.000. At the acquisition date, the fair value of the noncontrolling interest was
Peach Co. acquired 60% of the common stock of Beaver Corp. for $480.000. At the acquisition date, the fair value of the noncontrolling interest was $300.000. The book value of Beaver's net assets was $450.000 and fair value of net of goodwill should be attributed to Peach at the date of acquisition?
S100.000
S110,000
$120,000
S160.000
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Principles Of Auditing: An International Perspective
Authors: Rick Stephan Hayes, Philip Wallage, Arnold Schilder, Roger Dassen
1st Edition
0077095324, 978-0077095321
