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-Companies often show investments on their books. a. What are investments? b. List the various classifications of investments when an investor lacks significant influence. Briefly
-Companies often show investments on their books.
a. What are investments?
b. List the various classifications of investments when an investor lacks significant influence. Briefly describe the accounting treatment and how it is shown in the financial statements for each item in this category of investments.
c. List the various classifications of investments when an investor can exercise significant influence. Briefly describe the accounting treatment and how it is shown in the financial statements for each item in this category of investments.
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