Use the Following Information to Answer the Question(s) Below

question 29

Multiple Choice

Use the following information to answer the question(s) below.

On January 1, 2013, Pansy Company acquired a 10% interest in Sunflower Corporation for $80,000 when Sunflower's stockholders' equity consisted of $400,000 capital stock and $100,000 retained earnings. Book values of Sunflower's net assets equaled their fair values on this date. Sunflower's net income and dividends for 2013 through 2015 were as follows:


-Assume that Pansy has significant influence and uses the equity method of accounting for its investment in Sunflower.The balance in the Investment in Sunflower account at December 31,2015 was

• A)$78,200.
• B)$80,000.
• C)$81,800.
• D)$83,300.

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Definitions:

SOAP Documentation

An organized method of documentation in healthcare that includes four sections: Subjective, Objective, Assessment, and Plan.

Discharge Summary

A document that summarizes a patient's hospital stay, including the reason for admission, the care provided, treatment outcomes, and follow-up plans.

Follow-Up Care

Medical care and treatment that continues after the initial treatment or surgery, aimed at monitoring a patient's recovery or disease progression.

Patient Status

Information pertaining to a patient's current health condition or situation within a healthcare setting, including management plans and care updates.