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Apple Inc has made equity investments in two other companies, properly using the cost method for one investment, and the equity method for the other.
Apple Inc has made equity investments in two other companies, properly using the cost method for one investment, and the equity method for the other. In both instances the companies Apple invested in have done astoundingly well , so are commonly believed to have enormous fair values. Which of these methods will reflect the fair value of the investment on Apple's balance sheet? O a. the cost method, but not the equity method O b. the equity method, but not the cost method O c. both the cost method and the equity method O d. neither the cost method nor the equity method
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