Stanger Company Owns 85% of the Outstanding Stock of Willden

question 50

Multiple Choice

Stanger Company owns 85% of the outstanding stock of Willden Company. At the end of the year, Willden Company reported revenues of $2,500 and expenses of $1,800. How much will Stanger Company report on its own financial statements as income from Willden Company?

• A) $700
• B) $825
• C) $595
• D) $0

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