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In October of the current year, Brandy and her husband Ben split up and do not speak to each other. Neither individual will cooperate with the other on finalizing the divorce. Ben supports their two children after the split up and maintains their household. What is Ben's filing status for the current year?
Consolidation
The process of combining the financial statements of separate companies into the consolidated financial statements of a single entity, typically a parent company and its subsidiaries.
Pre-acquisition Equity
The equity value of a company before it is acquired by another entity.
Post-acquisition Equity
The equity interest in a subsidiary held by the parent company after the acquisition date, reflecting the share of future earnings, reserves, and other changes in equity.
Consolidation Process
involves combining the financial statements of two or more companies into a single set of statements.
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