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On January 1 , 2 0 2 2 , Dermot Company purchased 1 5 % of the voting common stock of Horne Corporation. On January
On January Dermot Company purchased of the voting common stock of Horne Corporation. On January Dermot purchased of Hornes voting common stock. If Dermot achieves significant influence with this new investment, how must Dermot account for the change to the equity method?
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