Explain how, and why, investment income differs when an investor accounts for a strategic long-term equity investment

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Explain how, and why, investment income differs when an investor accounts for a strategic long-term equity investment using the 

(a) Cost model, 

(b) Equity method, and 

(c) Fair value through profit or loss model.

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Financial Accounting Tools For Business Decision Making

ISBN: 9781119594574

8th Canadian Edition

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

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