Which of the following would NOT normally be considered a motive for making an equity investment in another corporation?
A) to invest surplus cash
B) use of the investment for expanding its own operations
C) use of the investment to diversify its own operations
D) an increase in the amount of interest revenue from the equity investment
Correct Answer:
Verified
Q29: Debt & Equity securities that are purchased
Q30: Under IFRS, trading investments reported at fair
Q31: For companies reporting under IFRS, debt instruments
Q32: Long-term debt instruments held to earn interest
Q33: Which of the following statements is INCORRECT
Q35: Short-term debt instruments that are held to
Q36: Companies reporting under IFRS will report all
Q37: Short-term and long-term debt instruments purchased to
Q38: Dividend revenue is reported under revenues from
Q39: All of the following are considered debt
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