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Company A invest in Company The investment account balance for the year ended 2018 and 2019 was $250,000 and $280,000. Company B reported net income
Company A invest in Company The investment account balance for the year ended 2018 and 2019 was $250,000 and $280,000. Company B reported net income of 5400, 0 and paid dividends of $300,000 Assuming that Company A owned the same percentage of 2019, their percentage of ownership must have been a10% % dIt cannot be determined.
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