$6$

Multiple Choice

$0$ points

Under the equity method of accounting for a stock investment, the investment initially should be recorded at:

irses

$1$

$2$

$$

proportionate share of the book value of the investee company's net assets.

ndar

cost$.$

cost minus any differential.

$36$

$3$

proportionate share of the fair value of the investee company's net assets.

$4$

$5$

$6$