I have another project as well.I will $20.00 for each In 2012, Ouyang Inc. held a 15% equity ownership interest in Huang Inc., which was classified…

3. In 2012, the income of Ouyang Inc. includes a contribution from its investment in Huang Inc. that is closest to:A)

$13 million

B)

$10 million

C)

$ 5 million

D)

$1 million

E)

($1 million).

4. If Ouyang Inc. is deemed to have significant influence over Huang Inc., its 2013 net income (in $ millions) would be closest to:A)

108.2

B)

113.5

C)

124.5

D)

132.5

E)

138.7

5. If Ouyang Inc. is deemed to have control over Huang Inc., its 2013 consolidated sales (in millions) will be closest to:A)

1,639

B)

1,875.4

C)

2,821

D)

3,827

E)

4,293

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