Cisneros Corporation owns 75% of Harrell Inc. Dur- ing the current year. Harrell Inc. reported net income
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Cisneros Corporation owns 75% of Harrell Inc. Dur- ing the current year. Harrell Inc. reported net income of $150,000 and declared dividends of $40,000. How much would Cisneros Corporation increase Investment in Harrell Inc. Stock for the current year? LO3A. SO B. $30,000 C. D. $112,500 $82.500
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