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Business, 19.03.2021 01:00 karsynraine8224

Zinenko Corporation purchased 25,000 shares of common stock of the Shubiak Corporation for $40 per share on January 2, 2018. Shubiak Corporation had 100,000 shares of common stock outstanding during 2018, paid cash dividends of $90,000 during 2019, and reported net income of $200,000 for 2019. Zinenko Corporation should report revenue from investment for 2019 in the amount of

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Zinenko Corporation purchased 25,000 shares of common stock of the Shubiak Corporation for $40 per s...
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