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Business, 25.02.2020 04:06 kelly3215

Sox corporation purchased a 35% interest in hack corporation for $1,750,000 on january 1, 2018. on november 1, 2018, hack declared and paid $2.0 million in dividends. on december 31, hack reported a net loss of $4.3 million for the year. what amount of loss should sox report on its income statement for 2018 relative to its investment in hack

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Sox corporation purchased a 35% interest in hack corporation for $1,750,000 on january 1, 2018. on n...
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