estion 6 4 points Save Antiver Silverman Company purchased 8,000 of the 20,000 shares of DeFrancisco...
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estion 6 4 points Save Antiver Silverman Company purchased 8,000 of the 20,000 shares of DeFrancisco Company's common stock for $200,000 on January 1, 2020. During 2020, DeFrancisco ears $100,000 in net income and pays cash dividends of $80,000. If Silverman uses the equity method to account for its investment in DeFrancisco, what is the ending balance on December 31, 2020? CA$220,000 OB. $208,000 OC $240,000 OD. $200,000 estion 6 4 points Save Antiver Silverman Company purchased 8,000 of the 20,000 shares of DeFrancisco Company's common stock for $200,000 on January 1, 2020. During 2020, DeFrancisco ears $100,000 in net income and pays cash dividends of $80,000. If Silverman uses the equity method to account for its investment in DeFrancisco, what is the ending balance on December 31, 2020? CA$220,000 OB. $208,000 OC $240,000 OD. $200,000
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