217k views
0 votes
When using the equity method, receipt of cash dividends increases the carrying (book) value of an investment in equity securities.

A. True
B. False

2 Answers

5 votes
False most definitely
User GreenKiwi
by
8.3k points
2 votes
The correct answer is false
User Ynimous
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.