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Business, 17.11.2020 22:10 haileycrane

Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. During 2017, Boulet Corporation had 140,000 shares of common stock outstanding, paid cash dividends of $120,000, and reported net income of $320,000. Savannah Corporation should report revenue from investment for 2017 in the amount of

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Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per s...
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