Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

Exercise 53

When an investor elects the fair-value option for a significant influence investment, cash dividends received by the investor from the investee should be recorded as a.A deduction from the investor's share of the investee's reported income.
B)A deduction from the investment account.
C)A reduction from accumulated other comprehensive income reported in stockholders' equity.
D)Dividend income.