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Rome Company owns 40% interest in the stock of GHF Corporation. During the year, GHF pays $40,000 in dividends to Rome, and reports $300,000 in
Rome Company owns 40% interest in the stock of GHF Corporation. During the year, GHF pays $40,000 in dividends to Rome, and reports $300,000 in net income. Rome Company's investment in GHF will increase Rome net income by
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