41) Teal Mountain Inc. earns $1308000 and pays cash dividends for $392400 during 2017. Bramble Corporation owns

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41) Teal Mountain Inc. earns $1308000 and pays cash dividends for $392400 during 2017. Bramble Corporation owns 74250 of the 225000 outstanding shares of Teal Mountain. How much revenue from investment should Bramble report in 2017?

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Financial Accounting

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Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman

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Posted Date: Mar 11, 2024 03:15 AM

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41) Teal Mountain Inc. earns $1308000 and pays cash dividends for $392400 during 2017. Bramble Corporation owns

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Financial Accounting

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