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IBE Corporation has owned 25% of the common shares of ANG Company since January 1, 2006. ANG's founder owns the remaining 75% of ANG. IBE

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IBE Corporation has owned 25% of the common shares of ANG Company since January 1, 2006. ANG's founder owns the remaining 75% of ANG. IBE has not been able to elect any of the members of the board of directors of ANG, but is hoping to acquire an additional 35% of ANG when the founder of ANG retires. How should IBE report its investment in ANG? Equity method Cost method None of these Consolidation

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