Calculate consolidated goodwill at the date of acquisition under the proportionate consolidation method. (Omit $ sign in
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Question:
Calculate consolidated goodwill at the date of acquisition under the proportionate consolidation method. (Omit $ sign in your response.) Consolidated goodwill $
?(b) Prepare a consolidated statement of financial position at the date of acquisition under each of the following: (i) Identifiable net assets method (ii) Fair value enterprise method?
(c) Calculate the current ratio and debt-to-equity ratio for P Company under the identifiable net assets (INA) method and the fair value enterprise (FVE) method. (Round "Current ratio" answers to 2 decimal places and "Debt to equity ratio" answers to 4 decimal places.)
Current ratio?
Debt to equity ratio ?
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