Question
Blue Company owns 35% interest in the stock of Pina Colada Corporation. During the year, Pina Colada pays $31000 in dividends to Blue, and reports
Blue Company owns 35% interest in the stock of Pina Colada Corporation. During the year, Pina Colada pays $31000 in dividends to Blue, and reports $283000 in net income. Blue Companys investment in Pina Colada will increase Blue net income by
|
| $99050. |
|
| $83050. |
|
| $68050. |
|
| $14000. |
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Audit Risk Assessment Made Easy Seeing What Others Miss
Authors: Charles Hall
1st Edition
0578961679, 978-0578961675
