Amount of the debit to equity investments

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Reference no: EM13826861

If Goebel Company acquired a 30% interest in Dobbs Company on December 31, 2014 for $215,000 and the equity method of accounting for the investment were used, the amount of the debit to Equity Investments (Dobbs) would have been

a. $270,000.

b. $215,000.

c. $172,500.

d. $208,500.

Reference no: EM13826861

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