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On June 30, 2020, Ecuador Company purchased 30,000 shares of Quito Company's 100,000 outstanding ordinary shares for P200 per share. On December 1, 2020 Quito Company paid P1,000,000 in dividends. Quito Company's net income for 2020 was P5,000,000 earned evenly throughout the year.
problem 1: What amount of income from the investment should be reported for the current year?
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direct materials .74 per meat pizza and .62 per veggie pizzadirect labor 2.51 per meat pizza and 2.78 per veggie
During 2016, Mayfair Enterprises earned net income after income taxes of $3.2 million. Calculate the basic earnings per share for Mayfair Enterprises for 2016
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