Barnes corporation purchased 75 percent of nobles’ common stock for $262,500, which was acquired at book value. the fair value of the noncontrolling interest at the date of acquisition was equal to their proportionate share of the book value of nobles. during the year, nobles reports net income of $40,000, while barnes reports earnings of $200,000 from its own operations. barnes pays dividends during the year of $50,000, and nobles pays dividends of $10,000. on january 1, barnes has a retained earnings balance of $500,000 while nobles has retained earnings of $300,000. barnes accounts for its investment in nobles using the equity method. what is the total differential, assuming barnes paid fair value of $300,000 for 75 percent ownership of nobles while nobles’ book value was $350,000?

1

explanation:

water and oil do not mix because water is hydrophilic (it is attracted to itself) and oil is hydrophobic (it is repelled by water).

answer utilities; more money you have to pay out ; )

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent