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QUESTION 14 Major buys 90% of Little, and has control. What amounts will be shown in the consolidated balance sheet at the acquisition date for

QUESTION 14

Major buys 90% of Little, and has control. What amounts will be shown in the consolidated balance sheet at the acquisition date for Littles assets and liabilities?

a.
100% of their book values

b.
100% of their fair values

c.
90% of the book value

d.
90% of the fair value

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Previous Question Next Question

	a.	100% of their book values
	b.	100% of their fair values
	c.	90% of the book value
	d.	90% of the fair value

Question

QUESTION 14 Major buys 90% of Little, and has control. What amounts will be shown in the consolidated balance sheet at the acquisition date for

QUESTION 14 Major buys 90% of Little, and has control. What amounts will be shown in the consolidated balance sheet at the acquisition date for Littles assets and liabilities? a. 100% of their book values b. 100% of their fair values c. 90% of the book value d. 90% of the fair value

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QUESTION 14

Major buys 90% of Little, and has control. What amounts will be shown in the consolidated balance sheet at the acquisition date for Littles assets and liabilities?

a.
100% of their book values

b.
100% of their fair values

c.
90% of the book value

d.
90% of the fair value