What reported value of company a investment in compant b

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Problem 1: Company A has ability to significantly influence the activities of Company B and is using the Equity method. Company A paid 100,000 for a 30% in Company B on 12/31/14. Company B made 80,000 in income in 2015 and paid out 20,000in dividends. The fair market value of the investment on 12/31/15 was 90,000. What is the reported value of company A's investment in company B?

Reference no: EM132478367

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