Assume A owns 10% of B on January 1, 2012. On July 1, 2012 A increases ownership to 40% by purchasing additional shares in B.
Assume A owns 10% of B on January 1, 2012. On July 1, 2012 A increases ownership to 40% by purchasing additional shares in B. The following represent the earnings and dividends of B for 2012.
1. How much equity income is recognized by A in 2012.
2. How much dividend income is recognized by A in 2012.
January 1 - June 30 July 1 - December 31 Income 50,000 70,000 Dividends 30,000 40,000
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1 Equity Income to be recognized by A in 2012 In...
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Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
