Glacier Company owns 70% of Guadalupe Company. During the current year Guadalupe reported net income of...

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Glacier Company owns 70% of Guadalupe Company. During the current year Guadalupe reported net income of $500,000 and paid div

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Answer 1

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Answer Page. No o Locome Doll: liabica willy Dividend received Paid dividends X % of compay owns = $ 200,000 X 70% = $140,000

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