Question: Requirements 1. Which method is appropriate for Ever to use in accounting for its investment in Sonic? Why? 2. Show everything that Ever would report

Requirements 1. Which method is appropriate for Ever to use in accounting for its investment in Sonic? Why? 2. Show everything that Ever would report for the investment and any investment revenue in its year-end financial statements the bolance sheet dabe the faicyalue of Evers miestment in Sonic slock was $370,000. Road the Requiltement 1. Weicich method s appropnate foc Ever to ine n accointing for ts evectert in Sook? Why

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