Lopez corporation's results for the current year are as follows: gross revenue $600,000 operating expenses 200,600 dividend income (stock ownership 9%) 2,000 1. how much is lopez corporation's taxable income for 2014? a. $400,000 b.$399,400 c.$401,400 d.$204,000

Taxable revenue will be $401400

So option (c) will be correct option

Explanation:

We have given gross revenue = $600000

Operating expenses = $200600

And dividend income = $2000

We have to find the taxable revenue

We know that taxable revenue is given by

Taxable revenue = Gross revenue - operating expenses + dividend income = $600000-$200600+$2000 = $401400

So taxable revenue will be $401400

So option (C) will be correct answer

i would say a penny hope it you

answer; microeconomics;