cvs health acquired 100 of the common stock of aetna in a business combination accou 3819197

February 14, 2021/in Business Homework Help Online /by Joseph

CVS Health acquired 100% of the common stock of Aetna in a business combination accounted for under the acquisition method outlined in ASC Topic 805. Based on information provided in Note 2 (Look at page 74-75 which shows the acquisition of Aetna) and Consolidated Statements of Shareholders Equity in CVS Annual Report, prepare all required entries on the books of CVS to record the acquisition of Aetna, assuming that Aetna was dissolved.

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