Barcelona Company Owns 40% Interest in the Stock of ABX

question 194

Multiple Choice

Barcelona Company owns 40% interest in the stock of ABX Corporation. During the year, ABX pays $40,000 in dividends to Barcelona, and reports $300,000 in net income. Barcelona Company's investment in ABX will increase Barcelona net income by

• A) $104,000.
• B) $120,000.
• C) $80,000.
• D) $16,000.

---

Definitions:

World Health Organization

A specialized agency of the United Nations responsible for international public health.

Permanent Disappearance

Refers to the condition or fact of being gone forever or not existing anymore.

Religiosity

The extent of interest, commitment, or participation in religious values, beliefs, and activities.

Death Anxiety

The fear of death and dying.