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4 of 4 View Policies Current Attempt in Progress .../20 Sandhill Group acquired 20% of the outstanding ordinary shares of Cho Ltd. on December 31,
4 of 4 View Policies Current Attempt in Progress .../20 Sandhill Group acquired 20% of the outstanding ordinary shares of Cho Ltd. on December 31, 2022. The purchase price was 103,180,000 for 46,900 shares. Cho declared and paid an 80 per share cash dividend on June 30 and on December 31, 2023. Cho reported net income of 71,400,000 for 2023. The fair value of Cho's shares was 2,400 per share at December 31, 2023. At what amount is the investment reported on the statement of financial position under each of these methods at December 31. 2023? What is the effect on net income reported in 2023 under each of these methods? Investment amount (statement of financial position) Dividend revenue (income statement) Unrealized holding gain (income statement) Revenue from investment (income statement) eTextbook and Media List of Accounts Save for Later Fair Value Method Equity Method Attempts: 0 of 1 used Submit
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