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,

(c) consolidation of parent and subsidiary financial statements.

1. 49 percent investment in Motir Corporation 2. 51 percent investment in Saris Corporation 3. 5 percent investment in Ransor Corporation LO1

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Financial Accounting

ISBN: 9780618310746

8th Edition

Authors: Belverd E. Needles Jr,, Marian Powers

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Question Posted: Jun 13, 2024 02:08 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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Financial Accounting

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