Question: Please answer questions A, B, C, D, E, F for question E9-37 iil 10-R fepu 9-37. Interpreting Equity Methl Equity Method Investments Investments in partnerships,
Please answer questions A, B, C, D, E, F for question E9-37

iil 10-R fepu 9-37. Interpreting Equity Methl Equity Method Investments Investments in partnerships, joint ventures and less than subsidiaries in which we have significant influence are accounted for under the equit following table is a reconciliation of our investments in equity affiliates as pres dated balance sheets. AT&T reports the following footnote to its 2015 2014 2015 $ 250 1,232 $ millions $3,860 Beginning of year . Additional investments.. 226 79 (30) 175 (148) (3,817) (46) S 250 Dividends and distributions received. Sale of Amrica Mvil shares.... . $1,606 End of year.. . Undistributed earnings from equity affiliates were $162 and $88 at December 31, 2015 and 2014. a. At what amount is the equity investment in affiliates reported on AT&T's balance sheet? b. Did affiliates pay dividends in 2015? How do you know? c. How much income did AT&T report in 2015 relating to this investment in affil d. Interpret the AT&T statement that "undistributed earnings from equity affiliates were ates? $162 and $8 at December 31, 2015 and 2014." e. How does use of the equity method impact AT&T's ROE and its RNOA components asset turnover and net operating profit margin)? net operating quity method. Why? Constructing the Consolidated Balance Sheet at Acquiriti On January 1 of the current iil 10-R fepu 9-37. Interpreting Equity Methl Equity Method Investments Investments in partnerships, joint ventures and less than subsidiaries in which we have significant influence are accounted for under the equit following table is a reconciliation of our investments in equity affiliates as pres dated balance sheets. AT&T reports the following footnote to its 2015 2014 2015 $ 250 1,232 $ millions $3,860 Beginning of year . Additional investments.. 226 79 (30) 175 (148) (3,817) (46) S 250 Dividends and distributions received. Sale of Amrica Mvil shares.... . $1,606 End of year.. . Undistributed earnings from equity affiliates were $162 and $88 at December 31, 2015 and 2014. a. At what amount is the equity investment in affiliates reported on AT&T's balance sheet? b. Did affiliates pay dividends in 2015? How do you know? c. How much income did AT&T report in 2015 relating to this investment in affil d. Interpret the AT&T statement that "undistributed earnings from equity affiliates were ates? $162 and $8 at December 31, 2015 and 2014." e. How does use of the equity method impact AT&T's ROE and its RNOA components asset turnover and net operating profit margin)? net operating quity method. Why? Constructing the Consolidated Balance Sheet at Acquiriti On January 1 of the current
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