Which one of the following is not a primary reason companies invest in other companies? a To
Question:
a To earn return on excess cash
b. To eliminate risk in other investments
c. To gain influence over another company
d. To gain control over another company
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The correct answer is B a True Most cases of companies investing in other companies are to inve...View the full answer
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Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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