If BearKat Enterprises buys an active minority interest in Sammy's Pizza, how will this effect the Income Statement? A. Bearkat Enterprises will show any capital gains or losses on the income statement from differences in the acquisibion cost to the fair value. B. Bearkat Enterprises will recieve a pro-rata share of Sammy's Pirza's income minus any allocation cost of extra investment. C. This will not impact the income Statement D. Dividends paid by Sammy's Pizza will be recorded on the Income Statement. QUESTION 22 If a firm tranalates individual financial statement liems using the exchange rate at the time of the tranaaction, this is reforred to as what? A. Current exchange rate B. Historical exchange rate C. Fair value exchange rate D. Cost basis exchange rate