Bruin Company Reports Current E&P of $200,000 in Year 1

question 105

Multiple Choice

Bruin Company reports current E&P of $200,000 in year 1 and accumulated E&P at the beginning of the year of $100,000.Bruin distributed $400,000 to its sole shareholder on January 1, year 1.How much of the distribution is treated as a dividend in year 1?

• A)$400,000.
• B)$300,000.
• C)$200,000.
• D)$100,000.

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Definitions:

Correlation

A numerical indicator showing how much two or more factors vary in unison.

Variables

In research, these are elements or factors that can change and affect the outcome of a study, and they can be manipulated or measured.

Relationship

A connection, association, or involvement between two or more entities, often studied in social sciences to understand interactions.

Criterion Variable

The outcome variable that is predicted based on one or more predictor variables in regression analysis.