Business, 18.11.2019 20:31 queendolly
Columbus company owns 25% of zanesville inc. and accounts for the investment using the equity method. during the year, zanesville inc. reports a net loss of $1,602,000 and pays total dividends of $73,800. which of the following describes the change in columbus’s investment in zanesville during the year? select one:
a. the investment increases by $326,700.
b. the investment decreases by $232,750.
c. the investment decreases by $418,950.
d. the investment decreases by $400,500.
e. none of the above
Answers: 2
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Columbus company owns 25% of zanesville inc. and accounts for the investment using the equity method...
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