Julia Company acquired 80% of the outstanding shares of Roberts Company for $190 in cash.Roberts Company's total assets and liabilities were $550 and $400, respectively.The balance of the investment in Roberts Company stock on the consolidated balance sheet immediately after the acquisition of Roberts Company's stock is _____.
A)$?0
B)$440
C)$190
D)$120

Question

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The Answer of Julia Company acquired 80% of the outstanding shares of Roberts Company for $190 in cash.Roberts Company's total assets and liabilities were $550 and $400, respectively.The balance of the investment in Roberts Company stock on the consolidated balance sheet immediately after the acquisition of Roberts Company's stock is _____.
A)$?0
B)$440
C)$190
D)$120

Julia Company Acquired 80% of the Outstanding Shares of Roberts