Question: How does the use of the equity method affect the investor's financial statements? What is the primary objective of the equity method of accounting for

 How does the use of the equity method affect the investor's

How does the use of the equity method affect the investor's financial statements? What is the primary objective of the equity method of accounting for an investment? When should an investor not use the equity method for an investment of 21% in another corporation? What is the primary objective of the fair value method of accounting for an investment

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