When using the equity method of accounting, when is revenue recorded on the books of the investor

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When using the equity method of accounting, when is revenue recorded on the books of the investor company

a. w hen the market \ alue of the investee stock increases

b. w hen a di\ idend is recei\ed from the investee

c. \s hen the investee company reports net income

d. both

(b) and (c)

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Financial Accounting

ISBN: 9780073208145

5th Edition

Authors: Robert Libby, Patricia Libby, Daniel Short

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