Solved

Behnke Corp

Question 29

Multiple Choice

Behnke Corp.owns a 10% interest in the common shares of DeLonghi Ltd.During this year, DeLonghi pays a total of $15,000 in dividends and reports $130,000 profit.Behnke's investment in DeLonghi will increase Behnke's profit by


A) $15,000.
B) $13,000.
C) $12,500.
D) $ 1,500.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions