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Please answer for a like! Google buys 100% of FitBit in exchange for $840,000. Each of the above companies prepares their own sets of financial
Please answer for a like!
Google buys 100% of FitBit in exchange for $840,000. Each of the above companies prepares their own sets of financial records as follows as of December 31,2021. Prepare the consolidated balance sheet and any necessary eliminating items required. 4 Marks Available: 4 If Google only owned 75% of FitBit and Google reported net income of $620,800 as of December 31, 2021 and FitBit reported net income of $780,900 as of December 31, 2021, what should Google's consolidated net income beStep by Step Solution
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