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18) Which of the following is true with regard to how to account for company A's investment in company B's common stock? A) The fair

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18) Which of the following is true with regard to how to account for company A's investment in company B's common stock? A) The fair value method is used when A owns more than 50% of B. B) The equity method is used when A owns from 20% to 50% of B. C) Consolidated financial statements are prepared when A owns less than 20% of B. D) All of the other answer choices are correct

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