Business, 11.11.2019 21:31 Sillydork7853

Tracy company owns 4,000 of the 10,000 outstanding shares of penn corporation common stock. during 2018, penn earns $450,000 and pays cash dividends of $150,000.tracy should report investment revenue for 2018 of1. $120,000.2. $150,000.3. $60,000.4. $180,000.

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Tracy company owns 4,000 of the 10,000 outstanding shares of penn corporation common stock. during 2...

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