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JulsSmile [24]
3 years ago
8

Clocktower Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Slide Company ho

lds 40 percent of the outstanding voting stock of Clocktower. However, another corporation holds the other 60 percent ownership and does not take Slide’s wants and wishes into consideration when making financing and operating decisions for Clocktower. What investment income should Slide recognize for the current year?
Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer:

20,000

Explanation:

To find the net investment income per share of a company, divide the total investment income by the shares outstanding. This amount is what is available to shareholders as dividends. A publicly-traded company must list its net investment income on its balance sheet.

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The relationship between the price charged for a product and the resulting demand level can be shown in a ________.
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I believe the correct answer is: Demand curve.

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If making your family and friends a priority is important to you, you value
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2 years ago
The Mason Corporation budgeted overhead at $240,000 for the period for Department A based on a budgeted volume of 60,000 direct
IgorC [24]

Answer:

$8000

Explanation:

Given: Budgeted Overhead $240,000

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          Actual Labor Hrs for Job B25 200

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4 0
4 years ago
Tariq and Noelle work in the sales department at CTI Telecommunications. Tariq is the star salesman of the department and makes
larisa [96]

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D) She volunteers to do the mundane tasks others avoid, and she does things like buying birthday cards for co-workers and organizing parties.

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