What Is the Dollar Amount of Float Corp

question 37

Multiple Choice

What is the dollar amount of Float Corp.'s net assets that would be represented on a balance sheet prepared immediately after consolidation according to the acquisition method per SFAS 141(R) ?

• A)$1,600,000
• B)$1,480,000
• C)$1,200,000
• D)$1,780,000
• E)$1,850,000

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