Anthony Company declared and paid $20,000 of dividends during 2011.The schedule of dividends follows: Anthony Company was acquired on June 1,2011 by Google Company.Google acquired 100 percent of Anthony Company.Both companies have a December 31 fiscal year end.What is the amount of preacquisition dividends in 2011?

Question

Anthony Company declared and paid $20,000 of dividends during 2011.The schedule of dividends follows:  Anthony Company was acquired on June 1,2011 by Google Company.Google acquired 100 percent of Anthony Company.Both companies have a December 31 fiscal year end.What is the amount of preacquisition dividends in 2011?

Quizplus · Accepted Answer

The Answer of Anthony Company declared and paid $20,000 of dividends during 2011.The schedule of dividends follows:  Anthony Company was acquired on June 1,2011 by Google Company.Google acquired 100 percent of Anthony Company.Both companies have a December 31 fiscal year end.What is the amount of preacquisition dividends in 2011?

Anthony Company Declared and Paid $20,000 of Dividends During 2011