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Supplemental Problem 5-1 Parent Co. Purchases 80% of the 10,000 shares issued and outstanding of Sub, Inc.'s stock when the book value of Sub's net

Supplemental Problem 5-1 Parent Co. Purchases 80% of the 10,000 shares issued and outstanding of Sub, Inc.'s stock when the book value of Sub's net assets was $50,000 and the fair value was $60,000. R...

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