Pastor Company acquired 80 of the outstanding shares of Sierra Company common stock for 350,000 cash At that date, the non controlling in Sierra has a fair value of 150,000 Identifiable assets were carried at 600,000 in the books of Sierra but had a fair value of 800,000 Liabilities had a book val...

In this case the fair value of the net identifiable assets of sierra company is fair value of identi ...

Pastor Company acquired 80% of the outstanding shares of Sierra Company common stock for 350,000 cash....

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Pastor Company acquired 80% of the outstanding shares of Sierra Company common stock for 350,000 cash....

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