Business, 08.12.2020 20:20, arianaguerin

Who here likes President Trump? I D!

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Business, 22.06.2019 16:50, bri663

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

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Who here likes President Trump? I D!...