FTX Company Owns 10% Interest in the Stock of Zip

Multiple Choice

FTX Company owns 10% interest in the stock of Zip Corporation. During the year, Zip pays $4,000 in dividends to FTX, and reports a net loss of $100,000. FTX Company's investment in Zip will affect FTX net income by a

A) $4,000 increase.
B) $10,000 increase.
C) $10,000 decrease.
D) $4,000 decrease.