For each of the following categories of long-term investments, briefly describe the applicable percentage of ownership and

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For each of the following categories of long-term investments, briefly describe the applicable percentage of ownership and accounting treatment:

(a) noninfluential and noncontrolling investment,

(b) influential but noncontrolling investment, and

(c) controlling investment.Lo1

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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