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    Financial Accounting Study Set 26
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    Exam 10: Financial Statement Analysis
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    If a Company Owns 49% of the Stock of Another
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If a Company Owns 49% of the Stock of Another

Question 19

Question 19

True/False

If a company owns 49% 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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