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Business, 02.03.2020 23:20 Nayerlin16

Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported net income of $77,600 and declared dividends of $19,400 during the year. How much would Ramiro adjust its investment in Marco Company under the equity method?

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Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported...

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