Assume That P Uses the Equity Method of Accounting for Its

question 2

Short Answer

Assume that P uses the equity method of accounting for its investment in S.Solve for the unknown in each of the following independent cases:
$\begin{array}{llll}&\text { CASEA } & \text { CASE B }& \text { CASE C }\\\text { P's ownership of S } & \text { A } & 30 \% & 40 \% \\\text { Investment in beginning of year } & \$ 100 & \text { B } & \$ 130 \\\text { Investment in end of year } & 105 & \$ 128 & \text { C } \\\text { S's income (loss) } & 100 & 90 & 40 \\\text { S's dividends paid } & 80 & 30 & 20\end{array}$

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Definitions:

Connective

In logic and philosophy, a term or operation that links propositions together in compound sentences, such as "and", "or", and "not".

Symbolic Form

The representation of objects or concepts through symbols or a system of symbols in a structured and conventional manner.

Components

The parts or elements that make up a whole system or object.

Connective

In formal logic, an operator that combines propositions to form a new proposition with a truth value derived from the original propositions.