Klugen Company owns 30% of the outstanding shares of Dans Inc. On October 15, Dans declares a dividend of $100,000. Klugen should credit investment in Dan's stock.
Credit investments refer to investments in credit or debt securities. Essentially, it's what institutional, professional, and independent investors do when they add debt securities to their portfolios.
A credit investment is a tax credit that a company can use to offset part of the capital investment it makes in a project. An investment allowance is a tax credit that certain eligible companies can use to offset a portion of their capital investment made in a particular year.
Learn more about credit investment here: https://brainly.com/question/24703884
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