A forecast model shows an equity affiliate in the consolidated balance sheet in year 1 of 53,204.0
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Question:
A forecast model shows an equity affiliate in the consolidated balance sheet in year 1 of 53,204.0 and 56,263.0 in year 2.
The forecast income statement for year 1 shows equity income of 5,143.0 and 5,366.0 in year 2.
What is the forecast dividend income from the affiliate during year 2?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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