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Beijing Company owns 1 5 % of the common stock of Tokyo Inc., then Beijing Company typically:a ) Would record 1 5 % of the
Beijing Company owns of the common stock of Tokyo Inc., then Beijing Company typically:a Would record of the net income of Tokyo Inc. as investment revenue each year.b Would increase its investment account by of Tokyo Inc. income each year.c Would record dividends received from Tokyo Inc. as investment revenue.d None of these answer choices is correct.
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