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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 15% of the common stock of Tokyo Inc., then Beijing Company typically:a) Would record 15% of the net income of Tokyo Inc. as investment revenue each year.b) Would increase its investment account by 15% 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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