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Kings Has a 40% Joint Operation Interest in Fisher

question 137

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Kings has a 40% joint operation interest in Fisher. Based on the following information, what amount will be presented for "income from Fisher" on Kings' proportionately consolidated income statement? Kings has a 40% joint operation interest in Fisher. Based on the following information, what amount will be presented for  income from Fisher  on Kings' proportionately consolidated income statement?   A) $0 B) $160 C) $400 D) $710

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