51. Describe accounting procedures governing valuation and presentation of noncurrent investments. Distinguish between accounting for investments in

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5–1. Describe accounting procedures governing valuation and presentation of noncurrent investments.

Distinguish between accounting for investments in equity securities of an investee when holding

(a) less than 20% of voting shares outstanding and

(b) 20% or more of voting shares outstanding.

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Financial Statement Analysis

ISBN: 9780071263924

10th International Edition

Authors: John Wild

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