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Michelle Company owns 40,000 of the 100,000 outstanding common shares of pets Inc. and accounts for this investment using the equity method. During 2023 Pitt
Michelle Company owns 40,000 of the 100,000 outstanding common shares of pets Inc. and accounts for this investment using the equity method. During 2023 Pitt earn 640,000 and pay cash dividends 480,000. If the beginning balance in my investment account was 430,000 the balance at December 31 should be
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