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Identify all of the following statements that are true for equity investments with significant influence the investment is increased by the percentage of the invest
Identify all of the following statements that are true for equity investments with significant influence the investment is increased by the percentage of the invest income or decreased by the percentage share of the invest loss one effective equity method accounting on return on equity operating profit margin and OPM over investing exercise economic power item consistent with economic power is the investor has the right to receive residual returns consolidation accounting includes a all of the investing assets and liabilities on the investors income statement and all of the revenues and expenses on the investors balance sheet
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