Santo Corporation declares and distributes a cash dividend that is a result of current earnings....
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Accounting
Santo Corporation declares and distributes a cash dividend that is a result of current earnings. How will the receipt of those dividends affect the investment revenue account of the investor?
Select one:
a. Increase, if the Equity Method is used
b. No Effect, if the Equity Method is used
c. Decrease, if the Fair Value Method is used
d. No Effect, if the Fair Value Method is used
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