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Ayayai Limited owns a 21% interest in the shares of Vaughan Corporation. During the year, Vaughan pays $11300 in dividends to Ayayai and reports $95000
Ayayai Limited owns a 21% interest in the shares of Vaughan Corporation. During the year, Vaughan pays $11300 in dividends to Ayayai and reports $95000 net income. Ayayais investment in Vaughan will increase Ayayais net income by
a)$22323.
b)$19950.
c)$11300.
d)$2373.
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