F3 Acquisitons and consolidations

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July 8, 2013 at 6:14 pm #178584

vital11
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Hi

I keep getting Becker MCQ because I can’t figure out the if the Balance Sheets or Income Statements are consolidated or not. This section is solely on acquisitions and consolidation so its not a determination of cost, equity, or consolidation. It doesn’t explicitly say. When I think they are consolidated they are not and vice versa. Are there any Keywords I should be looking for that I am missing? How do I differentiate the two?

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