If Pop Company Owns 15% of the Common Stock of Son

Multiple Choice

If Pop Company owns 15% of the common stock of Son Company, then Pop Company typically:

A) Would record 15% of the net income of Son Company as investment income each year.
B) Would record dividends received from Son Company as investment revenue.
C) Would increase its investment account by 15% of Son Company income each year.
D) All of these are correct.