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12 1.00 On 1/1/2019, P Company acquired 80% of S Company. During 2019, P recorded equity income 8000 JD and dividends 3000 JD. During 2020,
12 1.00 On 1/1/2019, P Company acquired 80% of S Company. During 2019, P recorded equity income 8000 JD and dividends 3000 JD. During 2020, P recorded equity income 14000 JD and 0 dividends. Investment balance on 31/12/2020 is 113000 JD. Compute investment balance on 1/1/2019 : Announcements
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Corporate Finance A Practical Approach
Authors: Michelle R Clayman, Martin S Fridson, George H Troughton, Matthew Scanlan
2nd Edition
1118217292, 9781118217290
