Problem: Consolidated Statements of Cash Flows
On June 30, 2014, Plaster, Inc., paid $916,000 for 80 percent of Stucco Company's outstanding
stock. Plaster assessed the acquisition-date fair value of the 20 percent noncontrolling interest at
Problem: First Year Consolidation
Parent, Inc. and Sub, Inc.
Consolidated Worksheet as of December 31, 20X9
Cost of Sales
Equity Income in Sub