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Business, 06.08.2021 17:30 zayzay162

An investor company purchases 25% of the stock of another company for $1.5 million at the beginning of the year and accounts for the investment using the equity method. In the following year, the investee company reports net income of $800,000 and pays dividends of $200,000. At what value will the investor company report the investment on its balance sheet at the end of the year?

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An investor company purchases 25% of the stock of another company for $1.5 million at the beginning...
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