Business
Business, 01.03.2021 21:50, graciebrene1590

Roberts Corporation accounts for its investment in the common stock of Brokers Company under the equity method. Roberts Corporation should ordinarily record a cash dividend received from Brokers Company as: a. Additional paid in capital
b. A reduction of the carrying value of the investment
c. Dividend income
d. An addition to the carrying value of the investment

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Answers: 1

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