QUESTION 7 Pat corporation purchases a 80 percent interest in sis company, on April 1,2011,...
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QUESTION 7 Pat corporation purchases a 80 percent interest in sis company, on April 1,2011, sis's income on the before acquisition 15600, (sales 75000 and expenses 35000 (full year), Effect on controlling share of consolidated net income equal: a. 30000 b. 40000 C. 20000 a d. 50000
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