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Business, 22.11.2019 23:31 nehamaan503
India is an example of which type of economic system- options mixed economy command economy market economy centrally planned economy
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On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
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India is an example of which type of economic system- options mixed economy command economy market e...
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