McComb Inc. earns $1,350,000 and pays cash dividends for $450,000 during 2017. SFX Corporation owns 70,000 of the 210,000 outstanding shares of McComb. How much revenue from investment should SFX report in 2017?
A) $150,000
B) $300,000
C) $450,000
D) $600,000
Correct Answer:
Verified
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