Mouns Company owns 30\% interest in the shares 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

Question

Mouns Company owns 30\% interest in the shares 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

Quizplus · Accepted Answer

The Answer of Mouns Company owns 30\% interest in the shares 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

Mouns Company Owns 30\% Interest in the Shares of Darian $20,000 \$ 20,000 $20,000

Mouns Company Owns 30\% Interest in the Shares of Darian $\$ 20,000$