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Zwick Company bought 24,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $209,000 net income for 2021
Zwick Company bought 24,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $209,000 net income for 2021 and declared and paid a cash dividend of $5.00 per share on all 207,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be: Multiple Choice $0. $24,677 O $122,500. O O None of these answer choices are correct
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