Wren Corporation received a dividend from Martin Corporation in December 2007; at that time,Wren owned 70% of Martin's stock.Wren acquires the remaining 30% of Martin's stock in 2008.Assume Martin pays a dividend in 2008.How will this stock acquisition affect the amount of dividend income that Wren Corporation will report for 2008?

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The Answer of Wren Corporation received a dividend from Martin Corporation in December 2007; at that time,Wren owned 70% of Martin's stock.Wren acquires the remaining 30% of Martin's stock in 2008.Assume Martin pays a dividend in 2008.How will this stock acquisition affect the amount of dividend income that Wren Corporation will report for 2008?

Wren Corporation Received a Dividend from Martin Corporation in December