Under the equity method, the investor ________
A) must debit the Long-term Investments account when a dividend is received
B) must record its share of the investee's net income
C) must use the LIFO method for tax purposes
D) debits the Revenue from Investments when the investee reports income
B
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In Mexico City, only 55-60% of the population owns a telephone. The number drops to less than 50% in Guadalajara and Monterey, and 35% or lower in other cities. This will complicate the task of market researchers hoping to use a telephone survey to obtain a ________ of the Mexican population.
A) probability sample B) convenience sample C) secondary sample D) focus group sample E) quota sample
When the total fixed costs decrease, the contribution margin per unit ________.
A) increases B) decreases C) remains the same D) decreases proportionately
It is best that the receiving department not be given a copy of the purchase order or the invoice
Indicate whether the statement is true or false
Using the information shown in Table 7.1, what is the earliest finish time for activity A?
A) 0 B) 2 C) 3 D) 4