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Alphabet inc. recently purchased 51% of the shares of ABC personal protective equipment (ABC PPE) ltd. Alphabet follows ASPE and ABC PPE is traded on

Alphabet inc. recently purchased 51% of the shares of ABC personal protective equipment (ABC PPE) ltd. Alphabet follows ASPE and ABC PPE is traded on the toronto stock exchange. which of the following would Alphabet use to account for their investment in ABC PPE?

FVOCI
FVTPL
Cost
Consolidation
FVTPL or Consolidation

Please provide the explanation.

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