question archive An investor company with a 20% interest in an investee properly used the equity method to account for the investment

An investor company with a 20% interest in an investee properly used the equity method to account for the investment

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An investor company with a 20% interest in an investee properly used the equity method to account for the investment. If the entries to the investment account for the current year showed a debit of $140,000 and a credit of $20,000, the investee must have paid total dividends of?

 

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