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The Polka Corporation, a U.S. corporation, purchases a British subsidiary on January 1, 2011 by investing $880,000 in exchange for all of the subsidiary's no-par

The Polka Corporation, a U.S. corporation, purchases a British subsidiary on January 1, 2011 by investing $880,000 in exchange for all of the subsidiary's no-par common stock. The British subsidiary, ...

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