Ordinarily, the income from an investment accounted for by the equity method is reported on one line

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Ordinarily, the income from an investment accounted for by the equity method is reported on one line of the investor’s income statement. When would more than one line of the income statement of the investor be required to report such income?

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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Question Posted: Oct 15, 2011 09:33 AM

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Ordinarily, the income from an investment accounted for by the equity method is reported on one line

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