Ziegler Corporation acquired 25,000 common shares of Sherman Corporation on January 2, 2020 for $40 per share. Sherman Corporation had 100,000 common shares outstanding in 2021, paid $150,000 in cash dividends in 2018, and reported net income of $500,000 for 2021. 

What amount should Ziegler Corporation report for return on investment for 2018?

Answer rating: 100% (QA)

Answer I Revenue ... View the full answer