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Business, 29.05.2021 20:00 summerjoiner

Merriam reported net income of $40,000 in 2017 and $47,000 in 2018 and paid $10,000 in dividends each year. What is the Investment in Merriam Co. balance on Jansen's books as of December 31, 2018, if the equity method has been applied

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Merriam reported net income of $40,000 in 2017 and $47,000 in 2018 and paid $10,000 in dividends eac...
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