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30 Olde Corp . accounts for its investment in the common shares of Young Inc . under the equity method Olde Corp . should record

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30 Olde Corp . accounts for its investment in the common shares of Young Inc . under the equity method Olde Corp . should record a cash dividend received from Young as a ) a reduction of the carrying value of the investment b ) additional paid - in capital ( ) an addition to the carrying value of the investment I ) dividend income

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