During the Current Year, Mars Corporation Receives Dividend Income of $20,000

question 49

Multiple Choice

During the current year, Mars Corporation receives dividend income of $20,000 from an 85%-owned domestic corporation. What is Mars' maximum allowable dividend-received deduction for the current year?

• A)$- 0 -
• B)$10,000
• C)$13,000
• D)$14,000
• E)$20,000

---

Definitions:

HubSpot

A developer and marketer of software products for inbound marketing, sales, and customer service.

Social Media

Platforms and websites that enable users to create, share content or participate in social networking.

Neuromarketing

The use of insights and tools from neuroscience to better understand consumer responses to different kinds of marketing stimuli.

Animated Videos

Videos containing sequences of drawings, computer graphics, or puppets that are moved to create the illusion of motion.