Business, 25.11.2019 23:31 ariellllllllllllllll

Rochester corp. holds a 15% equity investment in lacrosse inc. reedsburg investments holds 45% of lacrosse’s stock. on october 1, 2017, lacrosse declares and pays dividends to its stockholders. how will the dividend affect each company’s net income for the year? select one: a. rochester reedsburg no effect increase b. rochester reedsburg no effect no effect c. rochester reedsburg increase no effect d. rochester reedsburg increase increase e. there is not enough information to determine the effect. clear my choice

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