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8. Ahmad Corporation is a 30 percent-owned equity investee of Mohamad Corporation. During the current year, Mohamad receives $15,000 in dividends from Ahmad. How does
8. Ahmad Corporation is a 30 percent-owned equity investee of Mohamad Corporation. During the current year, Mohamad receives $15,000 in dividends from Ahmad. How does the $15,000 dividend affect Mohamad's financial position and results of operations? * (1 Point) Increases assets Decreases investment Increases income Decreases income
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