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    Exam 3: Consolidations - Subsequent to the Date of Acquisition
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    On the Consolidated Financial Statements for 2017, What Amount Should
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On the Consolidated Financial Statements for 2017, What Amount Should

Question 45

Question 45

Multiple Choice

On the consolidated financial statements for 2017, what amount should have been shown for Equity in Subsidiary Earnings?


A) $432,000.
B) $ -0-
C) $408,000.
D) $120,000.
E) $288,000.

Correct Answer:

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