Unformatted text preview: t in Lavery Co
P 12–10 324,000,000 4,000,000 324,000,000
>10million shares *2/share
• LO12–2, LO12–4,LO12–7 Fair value option; equity method investments Class work On January 4, is a variation of Problem 12–9 focusing for 10 million shares of Lavery Labeling Company common stock. The investment represents a 30% interest in the net assets of Lavery and gave Runyan
[This problem 2013, Runyan Bakery paid $324 million on the fair value option.]
the ability to exercise significant influence over Lavery's operations. Runyan chose the fair value opti...
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This note was uploaded on 03/03/2013 for the course ACC 321 taught by Professor Bukowy during the Spring '10 term at UNC Pembroke.
- Spring '10