On January 10,2012 badger co. Purchased 30% of the outstanding stock of crest co. For 123000 $ . Crest paid total dividend to all shareholders of 15000$ on July 15. Crest had a net loss of 25000$ for 1012
A) journalize badger's purchase of the stock, receipt of dividend , and adjusting entry for the equity loss in crest co. Stock
B) compute the balance of investment in crest co . Stock for December 31, 2012
C) how does valuing an investment under the equity method differ from valuing an investment at fair value?