Question: CHAPTER 2: 1. When do parent and subsidiary consolidate what amounts are recorded? Do they record the book value for everybody or the fair value,

CHAPTER 2: 1. When do parent and subsidiary consolidate what amounts are recorded? Do they record the book value for everybody or the fair value, or is it a mixture? 2. When do parent and subsidiary consolidate what amounts are recorded? Do they record the book value for everybody or the fair value, or is it a mixture? 3. How do you consolidate financial statements? 4. Question about calculation of goodwill 5. Treatment of direct and indirect costs, remember expenses for attorney fees, lawyers, the company's internal staff 6. Acquired in process research and development is considered as? 7. What is a statutory merger? 8. How much goodwill should be recognized

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