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(4). Each of the following transactions would be classified as an investing activity except: (a). Acquiring an investment in the stock of another company.
(4). Each of the following transactions would be classified as an investing activity except: (a). Acquiring an investment in the stock of another company. (b). Lending money to a supplier. (c). Receiving dividends on an investment in the stock of another company. (d). Disposing of land. (5). The equity method of accounting for an investment is used when a company purchases (a). more than 20% of the debt securities of another company. (b). 100% of the debt securities of another company. (c). 15% of the equity securities of another company. (d). between 20% and 50% of the equity securities of another company.
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