On December 31, 2021, Scott Company received the following dividends:Investee CompanyInvestee's No, of sharesCost per sharePercentage of ownershipType of dividendsDividends per shareFrost Company100,00020010%Cash20Grey Company200,00025015%Property25Blaire Company250,00028012%Shares30Grey Company will distribute its shares to Summers Company.How much is the cost per share of Investment in Blaire Company on December 31, 2021?

Cost Per Share of Investment in Blare Companies on 31 December 2021 = 280 Total Amount Shares of…

On December 31, 2021, Scott Company received the following dividends: Investee Company Frost Company Investee's No. of shares Cost per share Percentage of ownership Type of dividends Cash Dividends per share 100,000 200 10% 20 Grey Company 200,000 250 15% Property 25 Blaire Company 250.000 280 12% Shares 30 Grey Company will distribute its shares to Summers Company. How much is the cost per share of Investment in Blaire Company on December 31, 2021?

On December 31, 2021, Scott Company received the following dividends: Investee Company Frost Company Investee's No. of shares Cost per share Percentage of ownership Type of dividends Cash Dividends per share 100,000 200 10% 20 Grey Company 200,000 250 15% Property 25 Blaire Company 250.000 280 12% Shares 30 Grey Company will distribute its shares to Summers Company. How much is the cost per share of Investment in Blaire Company on December 31, 2021?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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