Business, 26.08.2019 21:20 xaguilar

Moss corp. owns 20°/o of dubro corp.'s preferred stock and 40o/o of its common stock. dubro's stockoutstanding at december 31, year 1, is as follows: 10°/o cumulative preferred stockcommon stock$100,000700,000dubro reported net income of $60,000 and paid dividends of $10,000 to its preferred shareholders for theyear ended december 31, year 1. how much total revenue should moss record due to its investment indu bro? a. $22,000b. $20,000c. $70,000d. $50,000

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Moss corp. owns 20°/o of dubro corp.'s preferred stock and 40o/o of its common stock. dubro's stocko...

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