BELL acquired 22.0% of Ross, Inc.’s 80,000 shares at the beginning of 2022. During the year Ross had NI of $150,000 and a POR of 40%. At fye 2022 the balance in BELL’s Investment in Ross account was $283,800. What was the per share price that BELL paid to acquire the shares?

Answer rating: 100% (QA)

Bell INC net income A 150000 Profit Distributed B Ak Profit distributed Bel... View the full answer