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    Financial Accounting Study Set 29
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    Exam 10: Long-Term Investments and International Operations
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    When an Investor Owns 35% of the Stock of Another
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When an Investor Owns 35% of the Stock of Another

Question 89

Question 89

True/False

When an investor owns 35% of the stock of another business, cash dividends received from the investee company are generally recorded by decreasing the value of the Investment account.

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