XYZ Buys a 24 Per Cent Share in ABC for $80m.ABC's

question 18

Multiple Choice

XYZ buys a 24 per cent share in ABC for $80m.ABC's total net profit is $50m and it pays $4m in dividends to XYZ.
-Using the equity method,the value of the investment in ABC would be recorded at year-end as:

• A) $80m.
• B) $88m.
• C) $92m.
• D) $19m.

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Definitions:

Prejudice And Discrimination

Negative, unjust treatment of individuals based on differences like race, gender, or other characteristics, often rooted in preconceived judgments.

Minority Groups

Social groups that are differentiated from the majority in a society by characteristics such as culture, religion, ethnicity, or sexual orientation.

Prejudice

Preconceived opinions or judgments about individuals or groups based on certain biases, often without full knowledge or examination.

Negative Attitude

A disposition or mindset that focuses on the bad or undesirable aspects of a situation rather than the positive ones.