Merck's 10-K report included the following footnote disclosure: a. At what amount are the equity method investments

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Merck's 10-K report included the following footnote disclosure:

a. At what amount are the equity method investments reported on Merck's balance sheet? Does this amount represent Merck's adjusted cost or fair value?

b. How does Merck account for the dividends received on these investments?

c. What sources of income does the company report for these investments?

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Financial And Managerial Accounting For MBAs

ISBN: 9781618533593

6th Edition

Authors: Peter D. Easton

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Question Posted: Mar 03, 2024 06:02 AM

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Merck's 10-K report included the following footnote disclosure: a. At what amount are the equity method investments

Question:

Investments in affiliates accounted for using the equity method... totaled $1.3 billion at December 31, 2012... These amounts are reported in Other assets.

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Financial And Managerial Accounting For MBAs

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