Giant buys 10% of the shares in Medium Medium's stock is publicly traded. Assuming there is no other relevant information, which accounting method should Giant use for this investment? Cost Fair value Equity Either Equity or Fair value are acceptable QUESTION 4 Under which accounting method would an investor company NOT record dividend revenue when an investee company declares a dividend? Cost Fair value Equity None of the above -- Dividend revenues must be recorded under all three methods. QUESTION 5 Under which accounting method would an investor company reflect an increase in its income when it learns that the company it invested in has had net income of $10 million this year? Cost Fair value Equity Both cost and fair value