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ABC Corporation does have a significant influence over its long term 30% investment in Yazd Corporation. If Yazd completed a fiscal year profitably but paid
ABC Corporation does have a significant influence over its long term 30% investment in Yazd Corporation. If Yazd completed a fiscal year profitably but paid no dividends, how these affect the ABC's accounting books?
a. | Has absolutely no effect on ABC's books | |
b. | Decrease book value per share. | |
c. | Result in an increased current ratio | |
d. | Result in increased earnings per share |
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