Aggie Company reports investment revenue of $ 1 4 , 0 0 0 in its income statement

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Question:

Aggie Company reports investment revenue of $

14, 000

in its income statement relating to a

5 %

investment in another company's common stock. During the current year, dividends receivable increased by $

1, 000 .

Thus, cash collected from investments will beAggie Company reports investment revenue of $

14, 000

in its income statement relating to a

5 %

investment in another company's common stock. During the current year, dividends receivable increased by $

1, 000 .

Thus, cash collected from investments will be

Posted Date: Jun 07, 2024 03:40 AM

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Aggie Company reports investment revenue of $ 1 4 , 0 0 0 in its income statement

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