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22. Several years ago, Einstein, Inc., bought 40 percent of the outstanding voting stock of Brook Company. the equity method is appropriately applied. On August
22. Several years ago, Einstein, Inc., bought 40 percent of the outstanding voting stock of Brook Company. the equity method is appropriately applied. On August 1 of the current year, Einstein sold a portion of these shares. C) If Einstein retains only a 2 percent interest in Brooks so that it holds virtually no influence over Brooks, hat figures appear in the investor's income statement for the current year
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