Question for 20x6 pyna reported 500000 of net income from, Ask an Expert

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Question: For 20x6, Pyna reported 500000 of net income from its own separate operations. This amount excludes income relating to Syna, its 80%-owned created subsidiary, which reported 100000 of net income and declared 55000 of dividends in 20x6. What is the consolidated net income under the economic unit concept?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92716758

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