On January 1 2017 Mink Company purchased 5000 shares of Kusher Company stock for $360000. Mink's investment represents 30 percent of the total outstanding shares of Kusher. During 2017 Kusher paid total dividends of $100000 and reported net income of $300000. What revenue does Mink report related to this investment and what is the amount to be reported as an investment in Kusher stock at December 31?

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The Answer of On January 1 2017 Mink Company purchased 5000 shares of Kusher Company stock for $360000. Mink's investment represents 30 percent of the total outstanding shares of Kusher. During 2017 Kusher paid total dividends of $100000 and reported net income of $300000. What revenue does Mink report related to this investment and what is the amount to be reported as an investment in Kusher stock at December 31?

On January 1 2017 Mink Company Purchased 5000 Shares of Kusher