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
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