morgannwaldrupp
01.07.2019 •
Business
Tracy co. owns 4,000 of the 10,000 outstanding shares of penn corp. common stock. during 2013, penn earns $360,000 and pays cash dividends of $120,000. if the beginning balance in the investment account was $720,000, the balance at december 31, 2013 should be: options: $720,000. $816,000. $864,000. $960,000.
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