Superior Company owns 40% of the outstanding stock of Benard Company. During 2021, Benard paid a $100,000 cash dividend on its common shares. What effect did this dividend have on Superior's 2021 financial statements?

Q 12-18 by the equity method, how will the situation describeu antect those WA R S Superior Company owns 40% of the outstanding stock of Bernard Company. During 2021. Bernard paid a S1000 cash dividend on its common shares, What effect did this dividend have on Superior 2021 Tinancial statements? Sometimes an investor's level of influence changes, making it necessary to change from the equity method to Q 12-19