ABC Co. purchased 30% of the shares of xYZ Co. on January 1,2022, for $150,000....
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Accounting
ABC Co purchased of the shares of Co on January for $ For the year ended December reported net income of $ and paid dividends of $ Assuming that ABC s investment in did not allow it to exercise significant influence, how much income would ABC report from its investment in for the year ended December Multiple Choice $ $ $ $ 
ABC Co purchased of the shares of Co on January for $ For the year ended December reported
net income of $ and paid dividends of $
Assuming that ABC s investment in did not allow it to exercise significant influence, how much income would ABC report from its
investment in for the year ended December
Multiple Choice
$
$
$
$
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