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    Exam 3: Consolidations - Subsequent to the Date of Acquisition
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    Compute the Amount of Hurley's Inventory That Would Be Reported
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Compute the Amount of Hurley's Inventory That Would Be Reported

Question 50

Question 50

Multiple Choice

Compute the amount of Hurley's inventory that would be reported in a January 1, 2017, consolidated balance sheet.


A) $800.
B) $100.
C) $900.
D) $150.
E) $ 0.

Correct Answer:

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