When applying the rules of the equity method, the Equity Investments account is credited for the receipt of a cash dividend because ________.
A) the dividend decreases the investor's investment
B) the dividend is treated as earnings rather than a return of capital
C) there is a decrease in the dividend liability
D) the dividend increases the total assets
A) the dividend decreases the investor's investment
You might also like to view...
Which statement is true of an apprenticeship?
A. An apprenticeship is typically sponsored by an educational institution. B. An apprentice does not make any money. C. An apprentice usually assists a certified tradesperson at the worksite. D. An apprenticeship does not involve classroom training. E. An apprenticeship is based on simulations and virtual reality.
Payroll accounting procedures apply to both employees and independent contractors
Indicate whether the statement is true or false
Data access methods allow records to be located, stored and retrieved.
Indicate whether the statement is true or false
How was emotional intelligence defined by Salovey and Mayer? What does an ability model focus on?
What will be an ideal response?