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Business, 22.10.2019 21:00 elliottmpotts6647

Mittelstaedt, inc., buys 60 percent of the outstanding stock of sherry, inc. sherry owns a piece of land that cost $212,000 but had a fair value of $549,000 at the acquisition date. what value should be attributed to this land in a consolidated balance sheet at the date of takeover? hoyle, joe ben. advanced accounting (p. 190). mcgraw-hill higher education. kindle edition.

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