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Riverbed Co . invested $ 9 3 0 , 0 0 0 in Marin Co . for 2 5 % of its outstanding stock. Marin
Riverbed Co invested $ in Marin Co for of its outstanding stock. Marin Co pays out of net income in dividends each year:
Use the information in the following Taccount for the investment in Marin to answer the following questions.
Investment in Marin Co
a How much was Riverbed Co's share of Marin Co's net income for the year?
Net income
b What was Marin Co's total net income for the year?
Total net income $
c What was Marin Co's total dividends for the year?
Total Dividends
d How much was Riverbed Co's share of Marin Co's dividends for the year?
Dividends
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