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Business, 13.08.2020 20:01 ccispoppin12

on january 2, sheffield corporation acquired 42% of the outstanding common stock of Ivanhone Company for 564000. For the year ended December 31, Ivanhoe reported net income of 93000 and paid cash dividends of 33000 on its common stock. at december 31, the carrying value of sheffields investment in Ivanhoe under the equaty method is

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