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The Bootsie Holding Company has sales exceeding $10 billion and each of its three, wholly-owned subsidiaries has sales exceeding $2 billion. Three years ago, the subsidiaries had "complex" capital structures-until Bootsie acquired them. Bootsie's annual report shows its consolidated income and individual income statement accounts of each subsidiary company. Should Bootsie also report separate earnings-per-share balances for the three subsidiary companies?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9800259

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