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Under the equity method, the investor a) debits the Revenue from Investments when the investee reports income U b) must debit the Equity Investments account

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Under the equity method, the investor a) debits the Revenue from Investments when the investee reports income U b) must debit the Equity Investments account when a dividend is received c) must record its share of the investee's net income o d) must use the LIFO method for tax purposes

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