Sports Spectacular purchased 1,000 shares (8%) of stock in The Athletic Warehouse for $30 per share. By the end of the year, the Athletic Warehouse has paid dividends of $2 per share. How would Sports Spectacular account for the dividend?
Sports Spectacular purchased 1,000 shares (8%) of stock in The Athletic Warehouse for $30 per share. By the end of the year, the Athletic Warehouse has paid dividends of $2 per share. How would Sports Spectacular account for the dividend?