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The following are selected account balances from Penske Company and Stanza Corporation as of December 3 1 , 2 0 2 4 : Note: Input
The following are selected account balances from Penske Company and Stanza Corporation as of December : Note: Input all amounts as positive values. Losses should be calculated and displayed as negative values.
d What is the consolidated retained earnings balance?
Note: Input all amounts as positive values. Losses should be calculated and displayed as negative values.
e What is the consolidated balance for goodwill?
Note: Parentheses indicate a credit balance.
On January Penske acquired all of Stanza's outstanding stock for:
At the date of acquisition, copyrights with a sixyear remaining life have the following:
Required:
Note: Use cells A to C from the given information and amounts calculated below to complete this question.
Input all amounts as positive values. Losses should be calculated and displayed as negative values.
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