Question: generally firms use the fair value method when ownership is below 20% the equity method between 20%, and 50% and the consolidation method with ownership

generally firms use the fair value method when ownership is below 20% the equity method between 20%, and 50% and the consolidation method with ownership goes above 50% however these are not hard and fast rules. briefly describe three instances when an organization owning less than 20% should still consider using the equity method.

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