MC Qu$.17$ The equity method is used when...

The equity method is used when an investor can't control, but can exercise significant influence over the operating and financial policies of

the investee. We presume, in the absence of evidence to the contrary, that this is so if:

Multiple Choice

The investor owns between $51\%$ or more of the investee's voting shares.

The investor owns between $20\%$ and $50\%$ of the investee's voting shares.

The investor classifies the investment as held$-$to$-$maturity.