Assuming Integrity Co. acquired 100% of Accountability Corp's outstanding common stocks at a price higher...
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Accounting
Assuming Integrity Co. acquired 100% of Accountability Corp's outstanding common stocks at a price higher than Accountability's book value. One the acquisition date, the consolidated stockholder's equity is:
A. Integrity's stockholder's equity plus Accountability's Stockholder's Equity minus Integrity's Equity Investment balance on the acquisiton date
B. Integrity's stockholder's equity plus Accountability's stockholder's equity on the acquisition date
C. cannot be determined
D. Integrity's stockholder's equity on the acquisition date
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