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BC, JK and XD are all public companies. BC owns 60% of the common shares of JK and 35% of the common shares of XD.

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BC, JK and XD are all public companies. BC owns 60% of the common shares of JK and 35% of the common shares of XD. In addition, JK owns 20% of the common shares of XD Which method should BC use to report the operating results of XD? Multiple Choice Cost method O Equity method Consolidation Proportionate consolidation

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