corect Mark 2.00 out of 400 Interpreting Equity Method investment Footnotes AT&T reports the following footnote to its 2015 10-K report. Equity Method investments investments in partnerships, joint ventures and less than majority owned subsidiaries in which we have significant influence are accounted for under the equity method the following table is a reconciliation of our investments in equity affiliates as presented on our consolidated balance sheets Smi 2015 2014 Beginning of year 5694 304 Additional investments 77 226 DIRECTVInvenents acquired 1.23 Equity in net income of affinates 94 175 Duidends and distribution received 110) 114 Sale of America Movil shares 13.8171 amer adiustments 121 (46) Em of year 52,055 1694 Undistributed earnings from equity affiliates were 5162 and 588 at December 31, 2015 and 2014 a. At what amount is the equity investment in affiliates reported on ATSTS balance sheet? $ 0 x milion Did affiliates poy dividends in 2015 Yes, the receipt of dividends would reduce the balance of the equity method investment account, which is shown in the table. No the receipt of dividends would increase the balance of the cquity method investment account rather than reduce it as shown in the table Not enough information is provided to determine if the aflatespad dividends in 2015, How much income did AT&T report in 2015 relating to uns vermenin affiliates? Use a negative sign to indicate a netloss, if applicatie x million dincerpret the AT&T statement that "undistributed earrings from equity affiliates were $162 and 688 at December 31, 2015 and 2014" Our distribuced earnings are earrings that have been paid out as dividends, this amount is retained earnings of the affiliates at year end. Oundistributed earnings are earnings that have not yet been paid cut as equity income this amount is included in AT&T's retained earnings at year end undistributed earnings are earnings that have not yet been pad out as dividends, this amount is retained camings of the affiliates at year end. Oundistributed earnings are earnings that have not yet been paid out as dividends: this amount is included in AT&T'S AOCI at year-end Para correa Marks for this subsian 2.00/4.00 corect Mark 2.00 out of 400 Interpreting Equity Method investment Footnotes AT&T reports the following footnote to its 2015 10-K report. Equity Method investments investments in partnerships, joint ventures and less than majority owned subsidiaries in which we have significant influence are accounted for under the equity method the following table is a reconciliation of our investments in equity affiliates as presented on our consolidated balance sheets Smi 2015 2014 Beginning of year 5694 304 Additional investments 77 226 DIRECTVInvenents acquired 1.23 Equity in net income of affinates 94 175 Duidends and distribution received 110) 114 Sale of America Movil shares 13.8171 amer adiustments 121 (46) Em of year 52,055 1694 Undistributed earnings from equity affiliates were 5162 and 588 at December 31, 2015 and 2014 a. At what amount is the equity investment in affiliates reported on ATSTS balance sheet? $ 0 x milion Did affiliates poy dividends in 2015 Yes, the receipt of dividends would reduce the balance of the equity method investment account, which is shown in the table. No the receipt of dividends would increase the balance of the cquity method investment account rather than reduce it as shown in the table Not enough information is provided to determine if the aflatespad dividends in 2015, How much income did AT&T report in 2015 relating to uns vermenin affiliates? Use a negative sign to indicate a netloss, if applicatie x million dincerpret the AT&T statement that "undistributed earrings from equity affiliates were $162 and 688 at December 31, 2015 and 2014" Our distribuced earnings are earrings that have been paid out as dividends, this amount is retained earnings of the affiliates at year end. Oundistributed earnings are earnings that have not yet been paid cut as equity income this amount is included in AT&T's retained earnings at year end undistributed earnings are earnings that have not yet been pad out as dividends, this amount is retained camings of the affiliates at year end. Oundistributed earnings are earnings that have not yet been paid out as dividends: this amount is included in AT&T'S AOCI at year-end Para correa Marks for this subsian 2.00/4.00
