Question
Company A owns 30% of company B's voting shares but can effectively control Company B's operation and decision-making. Which method should Company A use to
Company A owns 30% of company B's voting shares but can effectively control Company B's operation and decision-making. Which method should Company A use to report its investment in Company B in external financial reporting? a. The consolidation method. b. The fair value method. c. The equity method.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th edition
978-1118953815, 978-1118953907
