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Pepper Company owns 60,000 of Salt Company's 100,000 outstanding shares. This year, Salt purchased 20,000 of its outstanding shares from the NCI for $70,000. Pepper's

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Pepper Company owns 60,000 of Salt Company's 100,000 outstanding shares. This year, Salt purchased 20,000 of its outstanding shares from the NCI for $70,000. Pepper's interest after the treasury stock purchase is: 80% 50% 75% 60%

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