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Business, 27.04.2021 14:40 Tanya120

Wildhorse Company purchased 300 of the 1000 outstanding shares of Ayayai Company's common stock for $570000 on January 2, 2021. During 2021, Ayayai Company declared dividends of $85000 and reported earnings for the year of $370000. If Wildhorse Company used the fair value method of accounting for its investment in Ayayai Company, its Equity Investments (Ayayai) account on December 31, 2021 should be

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Wildhorse Company purchased 300 of the 1000 outstanding shares of Ayayai Company's common stock for...

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