review for test 5 - 16. award: 0 out of 0 points How much...

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award: 0 out of 0 points How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping? $190,000. $360,000. $164,000. $354,000. $150,000. references 17. award: 0 out of 0 points How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the partial equity method of internal recordkeeping? $170,000. $354,000. $164,000. $6,000. $174,000. Cashen Co. paid $2,400,000 to acquire all of the common stock of Janex Corp. on January 1, 2010. Janex's reported earnings for 2010 totaled $432,000, and it paid $120,000 in dividends during the year. The amortization of allocations related to the investment was $24,000. Cashen's net income, not including the investment, was $3,180,000, and it paid dividends of $900,000. 18.
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review for test 5 - 16. award: 0 out of 0 points How much...

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