【单选题】Alexander Moving & Storage Co. paid $100,000 for 20% of the common stock of Sellers Co. Sellers earned net income of $50,000 and paid dividends of $25,000. The carrying value of Alexander’s investment...
【单选题】Cashen Co. paid $2,400,000 to acquire all of the common stock of Janex Corp. on January 1, 2017. Janex's reported earnings for 2017 totaled $432,000, and it paid $120,000 in dividends during the year....