$2)$ There is a discussion in your text regarding there being an absence of control but, yet there being

$\_\_\_\_\_\_$ which would suggest the use of the Equity Method in accounting for the common stock of a

company$$s investment in another company. We engaged in a class discussion of a well$-$known ICON

individual and his ownership of various interests which would also suggest such $\_\_\_\_\_\_\_,$ so as to

indicate the equity method should be used in such valuations. Discussion should include examples in

answering this question. Also, make certain you incorporate the several conditions which may exist that

may indicate the sole criterion exist which allows the use of the equity method.