Question $2$ of $4$

$\frac{1\mathrm{.}88}{2\mathrm{.}5}$

View Policies

Show Attempt History

Current Attempt in Progress

On May $1,2015,$ Peters Company purchased $80\%$ of the common stock of Smith Company for $$52,500.$ Additional data concerning these two companies for the years $2015$ and $2016$ are:

$\backslash$table$[[,2015,,2016],[,$Peters,Smith,,Peters,Smith$],[$Common stock,$$104,000,$$$25,100,,$$$104,000,$$$25,100$