Business
Business, 22.04.2020 21:18, nelliel

Cullumber Corporation earns $840000 and pays cash dividends of $300000 during 2021. Dexter Corporation owns 4200 of the 10000 outstanding shares of Cullumber. What amount should Dexter show in the investment account at December 31, 2021 if the beginning of the year balance in the account was $1080000?

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Cullumber Corporation earns $840000 and pays cash dividends of $300000 during 2021. Dexter Corporati...

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