Why is the equity method used when significant influence exists?

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jun 15, 2017 09:26 AM

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Why is the equity method used when significant influence exists?

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When an investor exercises significant influence over its associate it is in a positi...View the full answer

Financial Accounting Tools for Business Decision Making

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