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Accounting Assignment/ Professional Essay Writers

Headland Co invested $1,060,000 in Sage Co for 25% of its outstanding stock Sage Co-pays out 40% of net income in dividends each year

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Use the information in the following T-account for the investment in Sage to answer the following questions Investment in Sage Co

1,060,000

105,000

42,000

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How much was headlands co-share of sages co net income for the year net income-? what was sage cos total net income for the year total net income-? what was sage cos total dividends for the year total dividends-? how much was headlands share of sages dividends for the year dividends? Get Accounting Help Today

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