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25 On 1/1/21, Vitale Co. invested $1,000,000 in Demo Co. for 20% of its outstanding stock. The equity method of accounting is appropriate. Demo Co.
25 On 1/1/21, Vitale Co. invested $1,000,000 in Demo Co. for 20% of its outstanding stock. The equity method of accounting is appropriate. Demo Co. pays out 30% of net income in dividends each year. u...
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