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How should a permanent loss in value of an investment using the equity method be treated? Multiple Choice The equity in investee income is reduced.
How should a permanent loss in value of an investment using the equity method be treated? Multiple Choice The equity in investee income is reduced. A loss is reported in the same manner as a loss in value of other long-term assets. The investors stockholders equity is reduced. No adjustment is necessary. Record an offset to cash.
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