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Gator Co. invested 1,000,000 in Demo Co. for 25% of its outstanding shares. Demo Co. pays out 40% of net income in dividends each year.
Gator Co. invested 1,000,000 in Demo Co. for 25% of its outstanding shares. Demo Co. pays out 40% of net income in dividends each year. Use the information in the following account for the investment in Demo to answer the following questions Investment in Demo Co. 1,000,000 130,000 52.000 How much was Gator Co.'s share of Demo Co.'s net income for the year? Gator Co.'s share of net income How much was Gator Co.'s share of Demo Co's dividends for the year? Gator Co.'s share of dividends What was Demo Co.'s total net income for the year? Demo Co.'s total net income What was Demo Co.'s total dividends for the year? Demo Co.'s total dividends a
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