Business, 26.08.2019 20:30 yfgkeyonna

Plack co. purchased 10,000 shares (2o/o ownership) of ty corp. on february 14, year 1. plack received astock dividend of 2,000 shares on april 30, year 1, when the market value per share was $35. ty paid a cash dividend of $2 per share on december 15, year 1. in its year 1 income statement, what amount should plack report as dividend income? a. $20,000b. $24,000c. $90,000d. $94,000

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Plack co. purchased 10,000 shares (2o/o ownership) of ty corp. on february 14, year 1. plack receive...

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