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How much would it cost if you did the attached problems?

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How much would it cost if you did the attached problems?
Answered Same Day May 24, 2023

Solution

Mayuri answered on May 24 2023
30 Votes
Schedule
    Prepare a schedule to compute the difference between book value of equity and the value implied by the purchase price. Any difference between the book value of equity and the value implied by the purchase price relates to subsidiary plant assets.
    Particulars    Parent Share    Non-Controlling Interest    Total
    Common stock, $ 10 par value    56,910.00    35,590.00    92,500.00
    Other contributed capital    10,550.00    6,610.00    17,160.00
    Retained earnings    18,790.00    11,750.00    30,540.00
    Total    86,250.00    53,950.00    140,200.00
Balance Sheet
    NASH COMPANY AND SUBSIDIARY CRANE
    Consolidated Balance Sheet Workpape
    Monday, January 01,...
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