What is the dollar amount of noncontrolling interest that should appear in a consolidated balance sheet prepared at the date of acquisition? perch co. acquired 80% of the common stock of float corp. for $1,600,000. the fair value of float's net assets was $1,850,000, and the book value was $1,500,000. the noncontrolling interest shares of float corp. are not actively traded.

You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.