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An Investor Holds 5% of the Outstanding Stock of an Investee.The

Question 89

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An investor holds 5% of the outstanding stock of an investee.The investor plans to sell the stock in two months.The investor reports the dividends received from the stock as ________.


A) an increase in the investment account
B) a decrease in the investment account
C) dividend revenue on the income statement
D) equity in earnings of the investee on the income statement

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