Yaro company owns 25 of the common stock of dew co and uses, Ask an Expert

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Yaro Company owns 25% of the common stock of Dew Co. and uses the equity method to account for the investment. During 2013, Dew reported income of $250,000 and paid dividends of $80,000. There is no amortization associated with the investment. During 2013, how much income should Yaro recognize related to this investment?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91968337

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