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Under the equity method, when the associate company has net income, the investor company will o increase its cash. O decrease its investment account. o

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Under the equity method, when the associate company has net income, the investor company will o increase its cash. O decrease its investment account. o increase the dividend receivable account. o increase its investment account. Realized gains and losses on the sale of investments must appear on the income statement as other revenues and gains (other expenses and losses). o other comprehensive income. O operating revenues (expenses). O an adjustment to interest expense

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