Business, 10.12.2019 03:31 tamikeen9301

Aztec company reports current e& p of $200,000 in year 1 and accumulated e& p at the beginning of the year of negative $100,000. aztec distributed $300,000 to its sole shareholder on january 1, year 1. how much of the distribution is treated as a dividend in year 1?

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Aztec company reports current e& p of $200,000 in year 1 and accumulated e& p at the beginni...

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