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On January 1, 2012, Company purchased 80% of Selby Company…

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On January 1, 2012, Perry...
On January 1, 2012, Perry Company purchased 80% of Selby Company for $999,700. At that time Selby had capital stock outstanding of $347,800 and retained earnings of $377,200.The fair value of Selby Company’s assets and liabilities is equal to their book value except for the following:
Submitted: 3 months ago.Category: Single Problem
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4/4/2018
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago
Manal Elkhoshkhany
Manal Elkhoshkhany, Bachelor's Degree
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Hello,

I can help, but please advise your deadline

Thank you

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Customer reply replied 3 months ago
It is tomm at 10:00 a.m.
Business Tutor: Manal Elkhoshkhany, Bachelor's Degree replied 3 months ago

I am not sure I can meet the deadline (I might be able to but I am not sure), so what I will do is that I will opt out in case another expert can help before I do; once I am done with the assignments I am working on I will check if no one has responded, then I will post the solutions.

All the best

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Customer reply replied 3 months ago
Okay. Sounds good.
Business Tutor: F. Naz, B.Com replied 3 months ago
F. Naz
F. Naz, B.Com
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Satisfied Customers: 5,482
Experience: Have completed B.Com and CA Finalist
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The requirement is not given, thanks.

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