Company investment in darian


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?

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Accounting Basics: Company investment in darian
Reference No:- TGS083124

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