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11. If a company uses the equity method to account for an investment in another company: A. Proportionate share of income is reported on the
11. If a company uses the equity method to account for an investment in another company: A. Proportionate share of income is reported on the investor's income statement to the extent of ownership B. All the income of the affiliate or investee company is included except for intercompany transfers C. Earnings of the affiliate or investee company are included in the investor company and are reduced by any dividends paid to the investor company
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