Thank you!

The equity method of accounting for investments in voting common stock is most appropriate when: The investor's accountant is clever enough to apply the equity method. Only those times when the investor owns 10 to 49% of the voting stock. The investor intends to hold the common stock indefinitely. The investor can significantly influence the investee. What situation requires one company to produce a consolidated financial statement with its investee? On January 1, 2014, Piedmont Inc, spent %200,000 to acquire 40% of the voting common stock of Taylor Company as a long-term investment. The data from Taylor's financial statements for the year ended 31 December 31, 2014, include the following: Net income $150,000 Dividends paid $75,000 What should be the long term investment account balance for Piedmont at December 31, 2014? Show your calculations. Could the company's declaration of intent of their investments as "available for sale" rather than as "trading securities" possibly be used to manipulate reported income? Why or why not? What does an "other than temporary" (aka OTT) loss mean and what is an example of such an event? Why would GAAP allow certain investments to be "written up" to their fair market value when, for virtually all other assets (inventory, property, intangibles), no "write up" in value is allowed? In which financial statement, and in which section of that financial statement, does "Accumulated Other Comprehensive Income" get disclosed