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Which one of the following statements is true? Select one: a. If a firm makes a significant influence investment, it will report unrealized holding gains/losses
Which one of the following statements is true? Select one: a. If a firm makes a significant influence investment, it will report unrealized holding gains/losses on the balance sheet in other comprehensive income. b. If a firm makes a passive investment, it must adjust the carrying value of its investment in proportion to the income or loss reported by the investee company. c. If a firm makes a passive investment, it will report unrealized holding gains/losses on the balance sheet in other comprehensive income. d. If a firm makes a significant influence investment, it will report unrealized holding gains/losses on the income statement. e. If a firm makes a passive investment, it will report unrealized holding gains/losses on the income statement
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