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When using the equity method, receipt of cash dividends increases the carrying (book) value of an investment in equity securities. A. True B. False

When using the equity method, receipt of cash dividends increases the carrying (book) value of an investment in equity securities. A. True B. False
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When using the equity method, receipt of cash dividends increases the carrying (book) value of an investment in equity securities.

A. True
B. False

asked
User Davin Studer
by
7.2k points

2 Answers

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