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Martin Inc- owns 40- of Chicken Inc-- both Martin and Chicken are corp.pdf

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Martin Inc. owns 40% of Chicken Inc., both Martin and Chicken are corporations. Chicken pays Martin a dividend of $2 , 000 in Year 2. Chicken also reports net financial accounting income of $10 , 000 for that year. Assume that Martin follows the general rule of usiag the equity method to account for its investment in Chicken..

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Martin Inc. owns 40% of Chicken Inc., both Martin and Chicken are corporations. Chicken pays Martin a dividend of $2 , 000 in Year 2. Chicken also reports net financial accounting income of $10 , 000 for that year. Assume that Martin follows the general rule of usiag the equity method to account for its investment in Chicken.

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