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    Financial Accounting Study Set 10
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    Exam 8: Long-Term Investments the Time Value of Money
  5. Question
    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 126

Question 126

True/False

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

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