AMIS624X2D - part a. Investment in Sub Cash part b. Land...

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part a. Investment in Sub 250 Cash 250 part b. Land 5 Goodwill 35 Convenant NTC 50 Liabilities 25 Inventory 20 Equipment 30 Revaluation Capital 65 Accum. Depr.-Equip. 60 Equipment 60 Ret. Earnings 100 Additional PIC 100 part c. Common Stock 85 Additional PIC 100 Revaluation Capital 65 Investment in Sub. 250 part d. Common Stock 85 Additional PIC 100 Revaluation Capital 60 Investment in Sub. 225 NCI in Net Assets 20
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Acquisition: HW5 Cash Fair value of NCI Total Fair Value Book value of Sub Fair value in excess of book Book Value Inventory 100 80 Building and Equip. (ne 320 350 Land 80 120 L-T Debt (150) (200) Convenant NTC 60 Total goodwill Goodwill to CI: Acquisition price $434 Less CI share 364 CI goodwill $70 95% Goodwill to NCI: Total goodwill $74 Less: CI goodwill 70 NCI goodwill $4 5%
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Acquisition: NCI at acquisition: Book value of Sub $460 60 520 X 30% 156 NCI goodwill 4 NCI in Net Assets $160
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Subsequent: $434 Susequent Year Amortizat 160 594 460 Inventories 134 Building and Equip. (net Land $- L-T Debt 20 Convenant NTC (30) Non-GW amortizations
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AMIS624X2D - part a. Investment in Sub Cash part b. Land...

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