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Business, 09.12.2019 21:31 Zykuko

Pink inc. sells half of its 70% interest in salmon co. on january 1, 20x6. on that date, the fair value of salmon as a whole is $470,000 and the carrying amount of pink’s 70% share of salmon is $160,000. what, if any, is the gain on the sale of half of pink’s interest

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Pink inc. sells half of its 70% interest in salmon co. on january 1, 20x6. on that date, the fair va...
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