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

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When using the equity method of accounting, when is revenue recorded on the books of the in- vestor company?

a. when the market value of the investee stock increases

b. when a dividend is received from the investee

c. when the investee company reports net income

d. both

(b) and (c)

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Financial Accounting

ISBN: 9780070891739

1st Canadian Edition

Authors: Robert Libby

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Question Posted: Jul 03, 2024 10:09 AM

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

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Financial Accounting

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