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Homework answers / question archive / An investor company with a? 40% interest in an investee properly used the equity method to account for the investment
An investor company with a? 40% interest in an investee properly used the equity method to account for the investment. If the entries to the Investment account for the current year showed a debit of? $45,000 and a credit of? $22,000, the investee must have paid total dividends? of:
A.?$22,000
B.?$55,000
C.?$100,000
D.?$45,000