AMIS624X26 - part a. Investment in Sub Cash part b....

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part a. Investment in Sub 470 Cash 470 part b. Equipment 80 Goodwill 65 Convenant NTC 50 Liabilities 40 Land 50 Inventory 35 Revaluation Capital 150 Accum. Depr.-Equip. 150 Equipment 150 Ret. Earnings 240 Additional PIC 240 part c. Common Stock 80 Additional PIC 240 Revaluation Capital 150 Investment in Sub. 470
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Acquisition Parent Sub Adjustments Consolidated 60% owned Revenues Expenses Equity in S Income Net Income 0 0 NCI in Net Income CI in Net Income 0 0 Ret. Earnings, beg. 130 200 200 j 130 Net Income/Loss 0 0 Dividends Declared Ret. Earnings, end 130 200 200 0 130 Cash 90 30 120 Accounts Recv. 80 60 140 Inventory 100 200 10 j 290 Investment in S 414 414 j Land 100 300 30 j 370 Build. and Equip. 600 700 80 j 140 k 1240 Acc. Deprec. 250 140 140 k 250 Covenant NTC 70 j 70 Goodwill 36 j 36 164 450 614 L-T Debt 140 200 20 j 320 NCI in Net Assets 252 j 252 Common Stock 700 300 300 j 700 Ret. Earnings, end 130 200 200 0 130 Full Revaluation 1384 1384 1290 1290 846 846 2266 2266
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AMIS624X26 - part a. Investment in Sub Cash part b....

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