Business, 22.07.2019 22:30 jennychrin95

Bloomfield bakers accounts for its investment in clor confectionary under the equity method. bloomfield carried the clor investment at $150,150 and $165,800 at december 31, 2017 and 2018, respectively. during 2018 clor recognized $75,900 of net income and paid dividends of $20,900. assuming that bloomfield owned the same percentage of clor throughout 2018, their percentage ownership must have been (round your answer to the nearest whole percent):

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