Question

Ziegler corporation purchased 25,000 shares of common stock of the sherman corporation for $40 per share on january 2, 2017. sherman corporation had 100,000 shares of common stock outstanding during 2018, paid cash dividends of $150,000 during 2018, and reported net income of $500,000 for 2018. ziegler corporation should report revenue from investment for 2018 in the amount of

Answer 1

It's C.$75,000
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