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Berkshire Hathaway Inc. acquired a 20% stake in Coca-Cola Company for $1,000,000 on January 1st, 2023. Coca-Cola Company reported net income of $200,000 for the
Berkshire Hathaway Inc. acquired a 20% stake in Coca-Cola Company for $1,000,000 on January 1st, 2023. Coca-Cola Company reported net income of $200,000 for the year ended December 31st, 2023. Calculate Berkshire Hathaway Inc.'s share of income from its investment in Coca-Cola Company for the year.
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