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Business, 02.12.2019 19:30 armon15

Companies often invest in the common stock of other corporations. the way we report these investments depends on the nature of the investment and the investorā€™s motivation for the investment. the fasb accounting standards codificationĀ® represents the single source of authoritative u. s. generally accepted accounting principles. required: 2. what is the specific citation that describes how to account for a change in the level of ownership to a percentage that will mandate use of the equity method for investments in common stock?

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