Multiple Choice
On January 1, 20X6, Jane Company acquired 80% of the outstanding shares of Tarzan Company for $152 in cash.Tarzan Company's total assets and total liabilities were $450 and $260, respectively.The balance of the minority interest on the consolidated balance sheet immediately after the acquisition of Tarzan Company's stock is _____.
A) $38
B) $152
C) $190
D) $114
Correct Answer:

Verified
Correct Answer:
Verified
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