Question: Ownership of 51% of the outstanding voting common stock of a company would usually result in a. the use of the cost method b. the

Ownership of 51% of the outstanding voting common stock of a company would usually result in

a.

the use of the cost method

b.

the use of the lower of cost or market method

c.

the use of the equity method for financial reporting

d.

consolidation of the subsidiary

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