Question
Company A owns 35% of the common shares of company B and company B earned profits of 100million and paid a common dividend of 20
Company A owns 35% of the common shares of company B and company B earned profits of 100million and paid a common dividend of 20 million. how would the ownership of company B be reflected on the financial statements of company A?
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
