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10.00 points Brief Exercise 12-10 Equity method and dividends [L012-5] Turn Company o r s30% of the outstanding stock of ICA Con S6 million cash
10.00 points Brief Exercise 12-10 Equity method and dividends [L012-5] Turn Company o r s30% of the outstanding stock of ICA Con S6 million cash dvidend on its common shares am Dr ng the current yea. ICA panda What effect did this dividend have on Turner's 2016 finacial statements? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place li.e., 5,500,000 should be entered as 5.5). Enter "0" for no effect Balance sheet Cash and Investment in equity secunities Income statement Investment revenue Worksheet Otticuty 2 Modium Brief Exercase 12-10 Equity method and Learning Ohjective. 12-06 Doimorbrate hosw to investmerts accounted for undaur eogurty m TOSHIBA esc 2 3 4 5 tab
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