D Question 49 1 pts Roxy Corporation makes a short-term investment in 180 shares of Sager Company's common stock The stock is purchased for $53 a share. The entry for the purchase is O Debit Debt Investments 9,540 Credit Cash 9540 O Debit Stock Investments 9,540 Credit Cash 9,540 o Debit Stock Investments 9.047 Credit Cash 9,047 o Debit Stock Investments 9.000 Credit Cash 9,000 Question 50 1 pts If 10 % of the common stock of an investee company is purchased as a long-term investment, the appropriate method of accounting for the investment is the cost method the equity method the preparation.ofconsolidated hnanca statement decarined i ageemant with whomeero the ramalning P0% of the sock