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Baker Company purchased 40% of the outstanding common stock of Yann Corporation on Jan 1st, 2011. Yan reported net income of 90,000dollars and declared cash and paid cash dividend on common stock of 25,000 dollars. Baker should report revenue from its investment in Yann for 2011 of how much?
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I earned $83.00 interest on my company bank account for the month of May. Is this considered revenue for the month of May? View more questions Search
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