question archive If an investor owns 18% of an investee, a dividend from the investee is: Multiple Choice A direct increase to retained earnings of the investor to offset the direct decrease to retained earnings of the investee

If an investor owns 18% of an investee, a dividend from the investee is: Multiple Choice A direct increase to retained earnings of the investor to offset the direct decrease to retained earnings of the investee

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If an investor owns 18% of an investee, a dividend from the investee is:

Multiple Choice

  • A direct increase to retained earnings of the investor to offset the direct decrease to retained earnings of the investee.
  • Income to the investor in the period of declaration.
  • An expense to the investor in the period of declaration.
  • A reduction of the carrying amount of the investment.

 

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