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On January 2 , 2 0 2 3 , Howdy Doody Corporation purchased 1 4 % of Ranger Corporation's common stock for $ 5 1
On January Howdy Doody Corporation purchased of Ranger Corporation's common stock for $ Ranger's net income for the years ended December and December were $ and $ respectively. During Ranger declared and paid a dividend of $ There were no dividends in On December the fair value of the Ranger stock owned by Howdy Doody had increased to $ How much should Howdy Doody show in the income statement as income from this investment? 
On January Howdy Doody Corporation purchased of Ranger Corporation's common stock for $ Ranger's net income for the years ended December and December were $ and $ respectively. During Ranger declared and paid a dividend of $ There were no dividends in On December the fair value of the Ranger stock owned by Howdy Doody had increased to $ How much should Howdy Doody show in the income statement as income from this investment?
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Managerial Accounting
Authors: John J. Wild, Ken W. Shaw
2010 Edition
9789813155497, 73379581, 9813155493, 978-0073379586
