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Scott, MIT Graduate
Category: Homework
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Experience:  MIT Graduate (Math, Programming, Science, and Music)
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can you help me firgure out how you get the Equity in S Income

Customer Question

can you help me firgure out how you get the Equity in S Income for 2010, 2011, & 2011, dividends declared, and Investment in sand company? I dont understand how to get those figures
Submitted: 6 years ago.
Category: Homework
Expert:  Neo replied 6 years ago.
Good day!

Which part are you referring to?

Customer: replied 6 years ago.
I do not understand where the equity in subsidiary income came from (.80 is the 80% I understand x $100,000 which is net income right?) - $51,000 where did this figure come from?