=+31. Received $18,000 of cash dividends on Tasmania Co. stock. Tasmania Co. reported net income of $74,000

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=+31. Received $18,000 of cash dividends on Tasmania Co. stock. Tasmania Co.

reported net income of $74,000 in 2011. Roman Products uses the equity method of accounting for its investment in Tasmania Co.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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