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Head owns 80% of Shoulders. Head reports Dividends of $300,000. Shoulder reports Dividends of $100,000 a. How much is consolidated dividends b. How much dividends

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Head owns 80% of Shoulders. Head reports Dividends of $300,000. Shoulder reports Dividends of $100,000 a. How much is consolidated dividends b. How much dividends were paid by Shoulders to Head c. Prepare worksheet letter D to eliminate intercompany dividends Cr

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