Required information On January 1,20 X3, Poke Corporation acquired 25 percent of the outstanding...
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On January X Poke Corporation acquired percent of the outstanding shares of Shove Corporation for $ cash. Shove Company reported net income of $ and paid dividends of $ for both and The fair value of shares held by Poke was $ and $ on December and respectively.
If instead, Poke could not exercise significant influence over the investee, what amount will be reported by Poke as balance in investment in Shove on December
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