Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for 200,000 on 1

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Branch (a fictitious company) purchases a 20% interest in Williams (a fictitious company) for €200,000 on 1 January 2010. Williams reports income and dividends as follows:

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Calculate the investment in Williams that appears on Branch’s balance sheet as of the end of 2012.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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