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Zwick Company bought 21,000 shares of the voting c...

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Zwick Company bought 21,000 shares of the voting common stock of Handy Corporation in January 2013. In December, Handy announced $203,700 net income for 2013 and declared and paid a cash dividend of $2 per share on the 206,000 shares of outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2013 would be:

 

Paper#4304 | Written in 18-Jul-2015

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