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Final Exam Date
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Hey Troops, The final exam schedule has been released and both classes will be writing the final exam on Wednesday December 3rd at 630pm. Many thanks, Akash

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Intercompany Example Solution Errata
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Hey troops, In example 2, the before tax amount should be $12,500 and not $25,000 as in my hurry I forgot to multiply it by 1/2 as only 1/2 was unsold at the end of the

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Intercompany Examples 1 & 2 Solution
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Hey Troops, Please see attached: Example 1 and Example 2 Solution

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Midterm Warmup Solution
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Hey Troops, Please find the solution to the midterm warm up.  As discussed in class, make an honest attempt to do the questions yourself and then compare against the solution.  If you just refer to the

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Quiz Solutions
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Please find the quiz solutions for Wednesday and Thursday. WednesdayQuizSolution ThursdayQuizSolution

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Intercompany Notes and Midterm Warmup
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Hey Troops, Please find the following attachments and please bring them with you to class next week. Many thanks, Akash IntercompanyProblemsandNotes MidtermWarmUpQuestion

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Practice Quiz Solution
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Hey Troops, Please find the solution to the practice quiz. Many thanks, Akash QuizSolutionVersionICA

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Week 4 Recap
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From this week’s class you need to remember this: If Parent uses the Equity method, Parent’s Unconsolidated Net Income and Retained Earnings will always equal Consolidated Net Income and Retained Earnings. The reason this rule holds true

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Week 3 Recap and CH 3 HW Solutions
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This week we looked at consolidations when the Parent has control but acquires less than 100%.  When this occurs there are several things to consider: 1) On the PPDS we must calculate an Implied Value which

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Week 2 Recap and Solutions
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This week we looked at our very first consolidation.  There are two processes you need to consider, the first being when the acquirer purchases the shares: 1) Perform a PPDS 2) Check if the acquirer has accounted

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