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KFG Corporation purchased a 2% interest in the stock of Granger Company as part of its equity securities portfolio. Concerning this investment, KFG will report
KFG Corporation purchased a 2% interest in the stock of Granger Company as part of its equity securities portfolio. Concerning this investment, KFG will report O a current asset on its balance sheet, dividend revenue on its income statement, and an unrealized holding gains and losses in comprehensive income. O a long-term asset on its balance sheet, and investment revenue and unrealized holding gains and losses on its income statement. O a current asset on its balance sheet, and investment revenue and unrealized holding gains and losses on its income statement. O a current asset on its balance sheet, and dividend revenue and unrealized holding gains and losses on its income statement.
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