on december 31, 2019, akron, inc., purchased 5 percent of zip company's common shares on the open market in exchange for $15,950. on december 31, 2020, akron, inc., acquires an additional 25 percent of zip company's outstanding common stock for $97,500. during the next two years, the following information is available for zip company: what amount of income from its investment in zip should akron report for 2021?

Equity, also known as shareholders' equity or owners' equity for privately held businesses, is the sum of money that, in the event of a company's liquidation, would be distributed to its shareholders after all of the company's assets have been sold and its debt has been fully repaid. It is the worth of company sales less any obligations owing by the company that was not transferred with the sale in the case of an acquisition.

A company's book value can also be represented by shareholder equity. Equity may occasionally be provided as payment-in-kind. Additionally, it shows how many shares of a corporation each person owns. A company's equity may be seen on its balance sheet, and it is one of the most often used pieces of information by analysts to evaluate a company's financial standing.

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