Ziegler Corporation purchased 25000 shares of common stock .pdf

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Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation for $40 per share on January 2, 2010. Sherman Corporation had 100,000 shares of common stock outstanding during 2013, paid cash dividends of $120,000 during 2013, and reported net income of $400,000 for 2013. Ziegler Corporation should report revenue from investment for 2013 in the amount of Question 29 options: $30,000. $70,000. $100,000. $110,000..

Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation for
$40 per share on January 2, 2010. Sherman Corporation had 100,000 shares of common stock
outstanding during 2013, paid cash dividends of $120,000 during 2013, and reported net income
of $400,000 for 2013. Ziegler Corporation should report revenue from investment for 2013 in the
amount of Question 29 options: $30,000. $70,000. $100,000. $110,000.

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