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 dividend 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

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

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?

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a Dividend revenue 100 x 4 200 x 150 700 b Looking at dividends only the return on investments 700 2... View full answer

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