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An Investor buys 20% of the stock of an Investee for $20. The value of the investment in the Investee increases to $30 by the
An Investor buys 20% of the stock of an Investee for $20. The value of the investment in the Investee increases to $30 by the end of the period. The investee has total Net Income of $50 and pays a total dividend of $10. The trivestor does not sell the investment during the year. If the Investor is not considered to have significant influence, that is, the Investor is a passive investor, the total amount of effects on the Income Statement for the year is: A. $10 B. $12 C. $20 D. $22 Refer to the data in question 9. If the Investor has significant influence over the investee, the total amount of the effects on the income Statement for the year is. A. $10 B. $12 C. $20 D. $22
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