During the period September 1 to December 31, Duggan Company received dividends from the two companies in

Question:

During the period September 1 to December 31, Duggan Company received dividends from the two companies in Problem 6-22. Green Company paid dividends of $4 per share, and White paid dividends of $1.50 per share.
Required:
a. What amount of revenue will Duggan report for the period?
b. One of Duggan Company's goals is to attain an annual return on investments of at least 10% (before tax). Has it met this goal during the period? Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...