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UNLIKE PHILLIES WILL 23 . Assuming that A acquired a controlling interest in B through numerous small acquisitions what would be appropriate accounting with respect

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UNLIKE PHILLIES WILL 23 . Assuming that A acquired a controlling interest in B through numerous small acquisitions what would be appropriate accounting with respect to these acquisitions ? a ) An acquisition differential must be computed following each purchase b ) The equity method must be adopted retroactively once 20% ownership is obtained . ( ) The purchases should all be grouped together and treated as a single black purchase d ) The cost method should be used until a controlling interest is acquired

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