For each of the investments listed below, tell which of the following methods should be used for

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For each of the investments listed below, tell which of the following methods should be used for external financial reporting:

(a) Cost-adjusted-to-market method,

(b) Equity method,

1. 49 percent investment in Miraz Corporation

2. 51 percent investment in Roof Corporation

3. 5 percent investment in Rek Corporation

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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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Question Posted: Sep 10, 2014 11:45 AM

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For each of the investments listed below, tell which of the following methods should be used for

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1 Miraz Corporation 2 Roof Corpo...View the full answer

Financial Accounting

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