Investing activities include the cash effects

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Reference no: EM131211052

1. Investing activities include the cash effects of a company selling its own stocks and bonds to raise capital to purchase fixed assets. Select one: True False

2. A owns greater than 20% but less than 50% of Company B's voting stock and has influence, but not control, on Company B's dividend policy and major decisions. This percentage of ownership by Company A in Company B will result in the development of the line items "Non-controlling Interest" and "Non-controlling Interest in Income" on Company A's Balance Sheet and Income Statement, respectively. Select one: True False

Reference no: EM131211052

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