Under fair-value accounting for an equity investment. which of the following affects the income the investor recognizes
Question:
Under fair-value accounting for an equity investment. which of the following affects the income the investor recognizes from its ownership of the investee?
a. The investee's reported income adjusted for excess cast over book value amortizations.
b. Changes in the fair value of the investor's ownership shares of the invested.
c. Intra-entity profits from upstream sales.
d. Other comprehensive income reported by the investee.
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The answer to this question is b Changes in the fair value of the investors ownership ...View the full answer
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