This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 500000 b) Cash 1000000 Loss on sale 1000000 Investment 2000000 5a) Cash 4000000 Investment 3000000 Gain on Sale 1000000 b) Cash 2500000 Loss on Sale 500000 Investment 3000000 2a) Recorded at FV 220000 3) Part of Acquisition Price paid by Parent to get shareholders to sell to obtain control 6) Allsports should not include pre acquisition revenue and expenses 2) D 3) C...
View Full Document
This note was uploaded on 06/06/2011 for the course ECON 007 taught by Professor Bub during the Spring '11 term at CUNY Queens.
- Spring '11