Business
Business, 20.11.2019 23:31, tallen21

Bloomfield bakers accounts for its investment in clor confectionary under the equity method. bloomfield carried the clor investment at $150,550 and $165,750 at december 31, 2017 and 2018, respectively. during 2018 clor recognized $75,400 of net income and paid dividends of $20,750. assuming that bloomfield owned the same percentage of clor throughout 2018, their percentage ownership must have been:

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