interest in the investee? Select one: a. Because the investee's stock has a readily...
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Accounting
interest in the investee?
Select one:
a Because the investee's stock has a readily determinable fair value, the investor must use fair value method to account for its interest in the investee's common stock.
b The investor should recognize as income the dividends it receivgs from the investee.
c The investor must use the costbased approach to account for its interest in the investee's common stock.
d The investor should recognize as income a proportionate share of the net income recognized by the investee.
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