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Storm, Inc. purchased 100% of the outstanding common stock of Front, Inc. on 1/1/2X for $500,000 in cash and stock. Storm, Inc. accounts for the
Storm, Inc. purchased 100% of the outstanding common stock of Front, Inc. on 1/1/2X for $500,000 in cash and stock. Storm, Inc. accounts for the income of Front, Inc. using the Simple Equity Method, a...
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
