How does the equity method discourage the manipulation of net income by investors?

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Cornerstones of Financial and Managerial Accounting

ISBN: 978-1111879044

2nd edition

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

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Question Posted: Sep 22, 2015 04:00 AM

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How does the equity method discourage the manipulation of net income by investors?

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Under the equity method the investor recognizes its share of invest...View the full answer

Cornerstones of Financial and Managerial Accounting

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