Alexander Moving & Storage Inc. paid $100,000 for 20% of the common shares of Sellers...
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Alexander Moving & Storage Inc. paid $100,000 for 20% of the common shares of Sellers Ltd. Sellers earned net income of $50,000 and paid dividends of $25,000. Alexander accounts for the investment using the equity method. The carrying value of Alexander's investment in Sellers is Question 5 options: $125,000 $105,000 $100,000
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