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Business, 26.11.2019 23:31 SoWhat2237

Pomograte corporation bought 75% of sycamore company's common stock, with a book value of $900,000, on january 2, 2014 for $750,000. the law firm of dewey, cheatam and howe was paid $55,000 to facilitate the purchase. at what amount should pomograte's investment in sycamore account be reported on january 2, 2014?

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Pomograte corporation bought 75% of sycamore company's common stock, with a book value of $900,000,...
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