Multiple Choice
ABC buys a 25 per cent share in XYW for $80 million. XYW's total net profit is $50 million and it pays $4 million in dividends to ABC. Using the equity method, the revenue recognised for this investment during the year would be:
A) $4 million.
B) $15 million.
C) $60 million.
D) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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