Business, 04.09.2019 02:30 aerisander02

Newsome company owns 30% of company red and applies the equity method for this investment. for the current year, company red reports $140,000 of income and pays $20,000 of dividends. how much should newsome company report as "equity in investee's income"?

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Newsome company owns 30% of company red and applies the equity method for this investment. for the c...

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