Mouns Company owns 30% interest in the stock of Darian Corporation. During the year, Darian pays $20,000 in dividends to Mouns, and reports $100,000 in net income. Mouns Company's investment in Darian will increase Mouns' net income by
A) $15,000.
B) $30,000.
C) $24,000.
D) $6,000.
Correct Answer:
Verified
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