Use the Following Information for Questions

question 84

Multiple Choice

Use the following information for questions.
During calendar 2017, Caraway Corp.reported net income of $60,000 and paid total cash dividends of $20,000.Seed Inc.owns 3,000 of the 10,000 outstanding shares of Caraway and exercises significant influence.
-How much income from its investment in Caraway should Seed report in 2017?

• A)$60,000
• B)$20,000
• C)$18,000
• D)$30,000

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Definitions:

Structural Racism

A system in which public policies, institutional practices, cultural representations, and other norms work in various, often reinforcing ways to perpetuate racial group inequity.

Intimate Partner

A person with whom one has a close personal relationship that can be characterized by emotional connections, sexual intimacy, or shared living arrangements.

Severe Physical Violence

A form of physical aggression that is significantly harmful or intense, often resulting in injuries.

United States

A country in North America composed of 50 states, a federal district, five territories, and various possessions.