McComb Inc. earns $900,000 and pays cash dividends for $300,000 during 2014. SFXl Corporation owns 70,000 of the 210,000 outstanding shares of McComb. How much revenue from investment should Cornwell report in 2014?
A) $100,000
B) $200,000
C) $300,000
D) $400,000
Correct Answer:
Verified
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