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Armando Company owns 1 7 , 0 0 0 of the 7 0 , 0 0 0 shares of common stock outstanding of Tito Company
Armando Company owns of the shares of common stock outstanding of Tito Company and exercises a significant influence over its operating and financial policies. The investment should be accounted for by the
a fair value method
b fair value or equity method
c consolidation method
d equity method
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