Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investment at $150,950 and $165,600 at December 31, 2023, and December 31, 2024, respectively. During 2024 Clor recognized $75,550 of net income and paid dividends of $20,050. Assuming that Bloomfield owned the same percentage of Clor throughout 2024, its percentage ownership must have been: Note: Round your answer to the nearest whole percent. Multiple Choice O 26%. 19%. 73%.

Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investment at $150,950 and $165,600 at December 31, 2023, and December 31, 2024 . respectively. During 2024 Clor recognized $75,550 of net income and paid dividends of $20,050. Assuming that Bloomfield owned the same percentage of Clor throughout 2024, its percentage ownership must have been: Note: Round your answer to the nearest whole percent. Multiple Choice 26%. 19% 73%