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When the ownership percentage of stock exceeds 20%, GAAP presumes that the investor: Select one: a. Has no influence to exert over the investee company.
When the ownership percentage of stock exceeds 20%, GAAP presumes that the investor:
Select one:
a. Has no influence to exert over the investee company.
b. Is only investing for a short term trading position.
c. Is able to exert influence over the investee company.
d. Is trying to take over the investee company.
e. None of the above
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