Business, 13.02.2020 21:26, priscillarios30
Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014. For 2014, Kailey reported revenues of $810,000 and expenses of $630,000, all reflected evenly throughout the year. The annual amount of amortization related to this acquisition was $15,000.
In consolidation, the total amount of expenses related to Kailey, and to Denber's acquisition of Kailey, for 2014 is determined to be
$161,250.
$205,000.
$210,000.
$215,000.
Answers: 3
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Denber Co. acquired 60% of the common stock of Kailey Corp. on September 1, 2014. For 2014, Kailey r...
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