The Dawg corporation owns 12% of Company A and 31% of Company B. Dividends received...
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The Dawg corporation owns 12% of Company A and 31% of Company B. Dividends received from Company A were $117,000 and from Company B were $212,000. If Dawg's "adjusted" taxable income is $2,000,000, calculate Dawg's taxable income after including the dividend information. & Answer is complete but not entirely correct. Taxable Income $ 2,056,300 X 3 7. 8 10
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