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  1. business
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  3. interest in the investee? select one: a. because

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 cost-based 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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