Question 9 (1 point)

If a company sells an Investment and the cash received from the investment sale is greater than the Investment value on the company's books, the company will report a 'Loss on Sale of Investment.'

A: True

B: False

Question 10 (1 point)

If a company purchases 100% of another company's stock, the Cash balance shown on the parent company's Balance Sheet will reflect both companies' Cash.

A: True

B: False