The directors of Ashanti Co are considering the purchase of an equity stake in another company; however, they are concerned that the investment is of a risky nature. They are looking to acquire a 25% holding initially and if the investment proves to be successful then they will look to acquire a further 50% of the equity shares, to give a holding of 75%. 1. Discuss how the 25% of shareholding will be accounted for: a. In the separate financial statements of Ashanti b. In the consolidated financial statements of Ashanti 2. Discuss the accounting treatment for the additional 50% stake, on the date of purchase, in the consolidated financial statements of Ashanti Co, should Ashanti Co decide to increase its shareholding