A company that owns 40% of the common stock of another business recognizes revenue from the investment when:
A) the investor sells the shares in the investee company.
B) the investee issues a cash dividend.
C) the investee recognizes net income.
D) the investee issues a stock dividend.
C
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Which of the following is the primary benefit for a firm that carefully manages its expatriates' careers?
A) creating global opportunities for junior managers B) retaining managers with global experience and skills C) maintaining close connections with national subsidiaries D) recruiting fresh college graduates for global management positions
During the early years of an amortizing mortgage loan, the lender applies
A) most of the monthly payment to the outstanding principal balance. B) all of the monthly payment to the outstanding principal balance. C) most of the monthly payment to interest on the loan. D) all of the monthly payment to interest on the loan. E) the monthly payment equally to interest on the loan and the outstanding principal balance.