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zwick company bought 28,000 shares of the voting common stock of handy corporation in january 2021. in december, handy announced $200,000 net income for 2021 and declared and paid a cash dividend of $2 per share on all 200,000 shares of its outstanding common stock. zwick company's dividend revenue from handy corporation in december 2021 would be:

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Zwick company's dividend revenue from handy corporation in December 2021 would be $56000.

Shares may be defined as an investment which can be bought or sold by an individual which will allow him to own a particular part in an organization. The shares can be withdrawn at any time when the individual feels any benefit from it. According to the question Zwick company bought 28000 shares of Handy corporation and in 2021 Handy corporation reported $200000 net income.

The cash dividend reported is $2 per share on all its 28000 shares.

Therefore, the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows

Dividend revenue = Shares × Cash dividend per share

Dividend revenue = 28000 shares × $2

Dividend revenue = $56000

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