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please solve them all please 25,26,27 Company P purchased 40% stock in Company S on Jan 1, 20X 1 for $200,000. The net income of

please solve them all please 25,26,27 image text in transcribed
Company P purchased 40% stock in Company S on Jan 1, 20X 1 for $200,000. The net income of Company S and the dividend paid by it in the year 20X1 is $80,000 and $30,000 respectively. Under the equity method, the increase in the net income of P related to its investment in Company S for the year 20X1 will be Question 26 Company P purchased 70% stock in Company S on Jan 1, 20X1 for $170,000. For the year 20X1, Company S reported a net income of $100,000 and paid dividends of $40,000. At yearend, investment account in the books of Company P had a fair market value of $175,000. Under the fair value method, Question 27 Company P purchased 70\% stock in Company S on Jan 1, 20X1 for $80,000 cash. Just before acquisition, the cash balance of P was $150,000 and the cash balance of Company S was $40,000. In the consolidated balance sheet after the acquisition, the cash balance will be reported at Company P purchased 40% stock in Company S on Jan 1, 20X 1 for $200,000. The net income of Company S and the dividend paid by it in the year 20X1 is $80,000 and $30,000 respectively. Under the equity method, the increase in the net income of P related to its investment in Company S for the year 20X1 will be Question 26 Company P purchased 70% stock in Company S on Jan 1, 20X1 for $170,000. For the year 20X1, Company S reported a net income of $100,000 and paid dividends of $40,000. At yearend, investment account in the books of Company P had a fair market value of $175,000. Under the fair value method, Question 27 Company P purchased 70\% stock in Company S on Jan 1, 20X1 for $80,000 cash. Just before acquisition, the cash balance of P was $150,000 and the cash balance of Company S was $40,000. In the consolidated balance sheet after the acquisition, the cash balance will be reported at

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