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The accounting for a firm's investments in equity securities: o Records the firm's share of investee profits from equity method investments on the income statement.

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The accounting for a firm's investments in equity securities: o Records the firm's share of investee profits from equity method investments on the income statement. o Records passive investments at their market values on the balance sheet. O All of the the answers are correct. o Depends on the percentage of investee stock it holds (i.e. 2%, 25%, 100%, etc.)

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