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Business, 08.12.2020 16:40 sl1010

If 25% of the common stock of an investee company is purchased long term investment the appropriate method of accounting for the investment is: a. the cost method.
b. the equity method.
c. the preparation of consolidated financial statements.
d. determined by agreement with whomever owns the remaining 90% of the stock.

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If 25% of the common stock of an investee company is purchased long term investment the appropriate...
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