Multiple Choice
If an investor company owns between 20% and 50% of the common stock of another business, cash dividends received from the investee company are generally recorded by the investor company by:
A) decreasing the value of the investor's Investment account.
B) decreasing the investor company's Common Stock account.
C) increasing the Dividend Revenue account.
D) increasing the value of the investor's Investment account.
Correct Answer:

Verified
Correct Answer:
Verified
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