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On January 1, 2018, Southern Motors paid $430 million for a 30% investment in Phase Motors. Phaserred net income of $40 million and paid hods
On January 1, 2018, Southern Motors paid $430 million for a 30% investment in Phase Motors. Phaserred net income of $40 million and paid hods of 80 million during 2018 Click the icon to view the Equity Method investment account) On January 1, 2019, Southern Motors sold all of its investment in Phase Motors. The sale price was $145 million Calculate Southam Motors' gain or on the sale (e press or a minus in when showing a low Canon) on sale of investment
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Authors: Tom Litton, Poppy Behrens, Erica Shatzer, George Bernal
1st Edition
0977157814, 978-0977157815
