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Please help me understand, none of my responses are matching what's given, thanks. Zwick Company bought 28,500 shares of the voting common stock of Handy
Please help me understand, none of my responses are matching what's given, thanks.
Zwick Company bought 28,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $200,900 net income for 2021 and declared and paid a cash dividend of $4.00 per share on all 205,000 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:
- $ 0.
- $27,930.
- $114,000.
- None of these answer choices are correct.
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