Business, 23.12.2020 02:00 aliyahmuhammad6497
Company A accounts for its investment in Company B under the equity method. Company A carried the Company B investment at $150,000 and $165,000 at December 31, 2020, and December 31, 2021, respectively. During 2021 Company B recognized $80,000 of net income and paid dividends of $30,000. Assuming that Company A owned the same percentage of Company B throughout 2021, its percentage ownership must have been:
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Company A accounts for its investment in Company B under the equity method. Company A carried the Co...
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