When an investor accounts for an investment in common stock at fair value through net income,...
When an investor accounts for an investment in common stock at fair value through net income, cash dividends are classifies by the investor as:
A) A return of capital
B) A loss
C) A deduction from the investment account
D) Dividend income
Homework Answers
| When an investor accounts for an investment in common stock at fair value through net income, cash dividends are classified by the investor as Dividend income |
| Available for sale securities are reported at fair value through net income and dividends received on such securities are classified as Dividend income |
| Option D is correct |
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