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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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