Q4) ASSUME THAT COMPANY XYZ ACQUIRES VOTING COMMON STOCK OF COMPANY ABC COMPANY B REPORTS EARNINGS (NI) FOR THE YEAR AND PAYS CASH DIVIDENDS LATER INFORMATION IS GIVEN BELOW (2 MARKS EACH PART) XYZ ABC INVESTOR FIRM INVESTEE FIRM INVESTMENT AMOUNT OWNERSHIP DIVIDENDS AMOUNT DECLARED BY INVESTESS FIRM COMPANY ABC DECLARES A NI OF 320,000 25% 7500 150000 PROVDE JOURNAL ENTIRES FROM INVESTOR FIRMS POINT OF VIEW WHEN DIVIDENDS ARE DECLARED FOR ASSUMINGS THAT THE FIRM USED THE FOLLWING METHOD TO CALCUALTE ITS EQUITY EARNINGS: A) COST METHOD B) EQUITY EARNINGS CJENDING BALANCE OF INVESTMENT ACCOUNT SHOWN IN BALANCESHEET OF INVESTOR FIRM (MAKE AT ACCOUNT TO SHOW THE BALANCE FOR BOTH THE METHODS) Q4) ASSUME THAT COMPANY XYZ ACQUIRES VOTING COMMON STOCK OF COMPANY ABC COMPANY B REPORTS EARNINGS (NI) FOR THE YEAR AND PAYS CASH DIVIDENDS LATER INFORMATION IS GIVEN BELOW (2 MARKS EACH PART) XYZ ABC INVESTOR FIRM INVESTEE FIRM INVESTMENT AMOUNT OWNERSHIP DIVIDENDS AMOUNT DECLARED BY INVESTESS FIRM COMPANY ABC DECLARES A NI OF 320,000 25% 7500 150000 PROVDE JOURNAL ENTIRES FROM INVESTOR FIRMS POINT OF VIEW WHEN DIVIDENDS ARE DECLARED FOR ASSUMINGS THAT THE FIRM USED THE FOLLWING METHOD TO CALCUALTE ITS EQUITY EARNINGS: A) COST METHOD B) EQUITY EARNINGS CJENDING BALANCE OF INVESTMENT ACCOUNT SHOWN IN BALANCESHEET OF INVESTOR FIRM (MAKE AT ACCOUNT TO SHOW THE BALANCE FOR BOTH THE METHODS)