Dividends received or receivable from another company are a revenue in calculating net income, a return of

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“Dividends received or receivable from another company are a revenue in calculating net income, a return of investment, or eliminated, depending on the method of accounting the investor uses.” Explain.

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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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