Business
Business, 06.03.2020 09:20, waves2114

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. What is the effect of including Kailey in consolidated net income for 2014

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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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