Under the equity method, the investment account is decreased by all of the following except the investor's proportionate share of:
(a) dividends paid by the investee
(b) declines in the fair value of the investment
(c) the losses of the investee
(d) All of these answer choices are correct
Ans: (b) declines in the fair value of the investment
Business
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Which of the following is true of the acid-test ratio?
A) It measures a company's ability to pay its current liabilities. B) It measures the ability of the company to earn net income. C) It measures a company's ability to meet its short-term obligations with cash and cash equivalents. D) It indicates how much cash could be realized by selling the inventory.
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The shadow price is the same as the dual price in maximization problems
Indicate whether the statement is true or false
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