Question: The equity method is used when the investor: Select one: a. makes long-term investments in stocks. b. plans to sell the investments within one year.

The equity method is used when the investor:

Select one:

a. makes long-term investments in stocks.

b. plans to sell the investments within one year.

c. owns less than 20% of the investees common stock.

d. owns between 20% and 50% of the investees common stock.

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