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What Is the Dollar Amount of Float Corp

Question 37

Multiple Choice

What is the dollar amount of Float Corp.'s net assets that would be represented on a balance sheet prepared immediately after consolidation according to the acquisition method per SFAS 141(R) ?


A) $1,600,000
B) $1,480,000
C) $1,200,000
D) $1,780,000
E) $1,850,000

Correct Answer:

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