Compute consolidated revenues immediately following the acquisition

A)  $3,540.

B)  $2,880.

C)  $1,170.

D)  $1,650.

E)  $4,050.

Answer: B

Learning Objective: 02-06a 

Learning Objective: 02-07

Topic: Acquisition―Calculate consolidated balances

Topic: Consolidation worksheet

Difficulty: 2 Medium  

Blooms: Apply

AACSB: Knowledge Application

AICPA: BB Critical Thinking

AICPA: FN Measurement

Feedback: $2,880 Revenues of the Parent Only