題組內容

三、Tresh Company purchased 42,000 shares of common stock of Mann Corporation   as a long-term investment for $1,000,000. During Ihe year, Mann Corporation paid   dividends of $80,000. On December 31,Mann Corporation reported net income of 200,000 , the fair value of Mann common stock were 1,006,600. 
Instructions 
(a) Assuming that the 42,000 shares represent a 15% interest in Mann Corporation. (No significant influence)

3. What is the balance of the Stock Investments account on Tresh Company's books at the end of the year?

詳解 (共 1 筆)

詳解 提供者:施全富
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