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CHAPTER 16

ACCLAIM COMPANY

DISTRAUGHT COMPANY

EFFECTIVE COMPANY
VIABLE COMPANY

VIVACIOUS COMPANY
MOON COMPANY

EARTH COMPANY
BENEVOLENT COMPANY

DEARTH COMPANY
ABC COMPANY

QUEEN COMPANY
MAXIM COMPANY

PRESUMPTUOUS COMPANY

WRAY COMPANY
ANSWER: D. 200,000

CASH DIVIDEND FROM BOW COMPANY (10% X 2,000,000) = 200,000

NEIL COMPANY
REMINISCENT COMPANY

SCOUNDREL COMPANY

TEMPORAL COMPANY

HASTE COMPANY
ANIMOSITY COMPANY
CHAPTER 17

IRISH COMPANY

CYNOSURE COMPANY
CZAR COMPANY

BING COMPANY
ALPHA COMPANY

DIVINE COMPANY
ANGELIC COMPANY

BLUSH COMPANY

AURORA COMPANY

MIGHTY COMPANY
FOCUS COMPANY

BLISS COMPANY

MILLER COMPANY

MAGIC COMPANY
HANNAH COMPANY

CYBER COMPANY

Acquisition Cost 5,000,000

Share in Net Income (30% x 6,000,000) 1,800,000

Share in Cash Dividends (30% x 1,500,000) 450,000

Carrying Amount of Investment 6,350,000


MARIE COMPANY
RAINBOW COMPANY
CHAPTER 18

HEAVEN COMPANY

GLORIOUS COMPANY
INTERLUDE COMPANY

JAM COMPANY
FAME COMPANY

HAZEL COMPANY
BLUE COMPANY

SEIKO COMPANY

MEGA COMPANY
FORENSIC COMPANY
GRANT COMPANY
CHAPTER 19

ICON COMPANY

MATURE COMPANY
BULLISH COMPANY

BEARISH COMPANY
YOST COMPANY

MANDA COMPANY
FLEXIBLE COMPANY

COMPLEX COMPANY

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