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Explains the three methods of accounting for investments that are recognized in GAAP and what conditions must be met to apply each one. What is

  1. Explains the three methods of accounting for investments that are recognized in GAAP and what conditions must be met to apply each one. 
  2. What is significant influence and what factors are considered to determine if you have significant influence on the company you invest in? 
  3. Mention and explain the main economic advantage of business combinations. Mention an example 
  4. Regarding business combinations, what is the difference between "legal merger" and "legal consolidation"? Mention example of each

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1 Methods of Accounting for Investments in GAAP a Fair Value MethodThis method requires investments to be reported on the balance sheet at fair value ... blur-text-image

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