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    Exam 3: Consolidations - Subsequent to the Date of Acquisition
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    Assume the Initial Value Method Is Applied
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Assume the Initial Value Method Is Applied

Question 113

Question 113

Multiple Choice

Assume the initial value method is applied.How much equity income will Kaye report on its internal accounting records as a result of Fiore's operations?


A) $400
B) $300
C) $380
D) $100
E) $210

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