Accounting B&B Company accounts for its investment in its unconsolidated affiliate B&B Enterprises, Inc. (BBE) using the equity method. B&B Company’s annual report disclosed the book value of its 32 percent ownership interest in BBE as follows: Amounts in millions Year 4 Year 5 Equity investment in BBE Enterprises $1,569 $1,731 During Year 5, BBE reported net income of $514 million. What amount of dividends was paid by BBE to B&B Company in Year 5? $162 million $185.4 million $ 28.08 million $ 59.04 million I don't think the answer is A, please provide clarification

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Answer is A 162 million Clarification Investors do not trea... View the full answer