美国高级会计Advanced Accounzting-Ch02_final.docVIP

chapter 2 Understanding the Issues  1. (a) Johnson has a passive level of ownership and in future periods will record dividend income of only 10% of Bickler’s declared dividends. Johnson will also have to adjust the investment to market value at the end of each period. (b) Johnson has an influential level of ownership and in future periods will record investment income of 30% of Bickler’s net income. Any dividends declared by Bickler will reduce the investment account, but will not affect the investment income amount. (c) Johnson has a controlling level of ownership and in future periods