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question 9

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Use the following information for questions
Desmond Corporation owns 3,000 of the 10,000 outstanding ordinary shares of Wetmore Corporation.During 2011, Wetmore earned £2,400,000 and paid cash dividends of £800,000.
-How much investment revenue should Desmond report in 2011?


Definitions:

Groupthink

A psychological phenomenon where the desire for group consensus overrides people's common sense desire to present alternatives or express an unpopular opinion.

Interpersonal Conflicts

Occurs when two or more individuals have differing views, interests, or goals, leading to disagreement or tension.

Brainstorming

A collaborative idea generation process where participants freely share thoughts and solutions to a problem without immediate criticism.

Organization Financially

Refers to the financial health, management, and stability of an organization, including aspects like budgeting, revenue generation, and financial planning.

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