Question
Toward the end of the chapter, I summarized a formula that you can use to quickly calculate the balance of investment account under equity method.
Toward the end of the chapter, I summarized a formula that you can use to quickly calculate the balance of investment account under equity method. Which of the following is not a component of that formula?
| A. | Initial investment (acquisition cost)
| |
| B. | Share of investees income excess amortization
| |
| C. | Dividends received
| |
| D. | Changes in market value
|
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
4th edition
1405888202, 978-0273711490, 273711490, 978-1405888202
