Business, 03.12.2019 03:31, rozalee14

Ziegler corporation purchased 25,000 shares of common stock of the sherman corporation for $40 per share on january 2, 2014. sherman corporation had 100,000 shares of common stock outstanding during 2015, paid cash dividends of $90,000 during 2015, and reported net income of $300,000 for 2015. ziegler corporation should report revenue from investment for 2015 in the amount of:

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Ziegler corporation purchased 25,000 shares of common stock of the sherman corporation for $40 per s...