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please help with multiple choice. will give thumbs up :) Which of the following is true with regard to how to account for Upton Ltd's

please help with multiple choice. will give thumbs up :) image text in transcribed
Which of the following is true with regard to how to account for Upton Ltd's investment in Douglas Limited's common stock? I5 points1 When Upton owns less than 50% of Douglas, Upton can choose to use any of the methods. The consolidation method is used when Upton owns less than 20% of Douglas. The equity method is used when Upton owns more than 50% of Douglas. None of the other answer choices are true. The consolidation method is used when Upton owns more than 50% of Douglas

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