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Business, 10.10.2019 22:10 natalie2sheffield

Larkin co. has owned 25% of the common stock of devon co. for a number of years, and has the ability to exercise significant influence over devon. the following information relates to larkin's investment in devon during the most recent year: carrying amount of larkin's investment in devon at the beginning of the year $200,000 net income of devon for the year $600,000 total dividends paid to devon's stockholders during the year $400,000 what is the carrying amount of larkin's investment in devon at year end?

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Larkin co. has owned 25% of the common stock of devon co. for a number of years, and has the ability...
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