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Moss corp. owns 20% of dubro corp.'s preferred stock and 40% of its common stock. dubro's stock outstanding at december 31, 1993, is as follows: 10% cumulative preferred stock $100,000common stock 700,000dubro reported net income of $60,000 and paid dividends of $10,000 to its preferred shareholders for the year ended december 31, 1993. how much total revenue should moss record due to its investment in dubro?
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Moss corp. owns 20% of dubro corp.'s preferred stock and 40% of its common stock. dubro's stock outs...
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