8-10选择英语考试.docVIP

Unit 8 Investing in Securities 1.A Company acquired 30% of B Company’s voting stock for $200 000 on January 2, 2004. As 30% interest in B gave A the ability to exercise significant influence over B’s operating and financial policies. During 2004, B earned $70 000 and paid dividends of $50 000. B reported earnings of $150 000 for the six months ending June 30, 2005, and $200 000 for the year ending December 31, 2005. On July 1, 2005, A sold half of its stock in B for $140 000 cash. B paid dividends of $60 000 on October 1, 2005. Use the a bove information to answer the following three question