Use the Following Information for Questions $¥ 500,000,000$ During 2012, Xi Earned

question 49

Multiple Choice

Use the following information for questions . Huang Company owns 20,000 of the 50,000 outstanding ordinary shares of Xi Inc. The balance in the investment account at January 1,2012 was $¥ 500,000,000$ . During 2012, Xi earned $¥ 800,000,000$ and paid cash dividends of $¥ 640,000,000$ .
-Huang should report investment revenue for 2012 of

• A) \(\quad \neq 320,000,000\).
• B) \(\quad ¥ 256,000,000\).
• C) \(\quad ¥ 64,000,000\).
• D) \(\quad \neq 0\).

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Definitions:

Severed

Refers to something that has been cut off or separated from the whole.

Left Hemisphere

The left side of the brain, typically associated with analytical tasks, language processing, and logic.

Right Hemisphere

The half of the brain that is typically associated with creative thought, spatial ability, and the processing of visual and auditory information.

Verbal Naming

The cognitive process of attaching words or labels to objects, sensations, or concepts, playing a vital role in language development and communication.