Question: Investments accounted for using the equity method are initially recorded at A . the lower of the cost or fair market value as of the

Investments accounted for using the equity method are initially recorded at
A. the lower of the cost or fair market value as of the balance sheet date.
B. cost.
C. the total of the investee's equity accounts multiplied by the percentage of ownership acquired.
D. fair market value of the investee company multiplied by the percentage of ownership acquired.
Investments accounted for using the equity method

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