menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Advanced Accounting
  4. Exam
    Exam 3: Consolidations - Subsequent to the Date of Acquisition
  5. Question
    If Cale Corp
Solved

If Cale Corp

Question 119

Question 119

Multiple Choice

If Cale Corp.had net income of $444,000 in 2017, exclusive of the investment, what is the amount of consolidated net income?


A) $569,000.
B) $570,000.
C) $571,000.
D) $566,400.
E) $444,000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: Dutch Co. has loaned $90,000 to its

Q62: Which of the following internal record-keeping methods

Q69: With respect to identifiable intangible assets other

Q73: Which of the following will result in

Q112: Prince Company acquires Duchess, Inc.on January 1,

Q113: Assume the initial value method is applied.How

Q114: Compute goodwill, if any, at January 1,

Q115: Compute the book value of Vega at

Q117: If the equity method had been applied,

Q118: The 2017 total excess amortization of fair-value

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines