The equity method of accounting for investments in voting common stock is appropriate when: a) The investor can significantly influence the investee. b) The investor controls the investee. c) The investor intends to hold the common stock indefinitely. d) The investor holds only a passive interest in the investee. on To 19. Under the equity method of accounting for investments, which of the followi result in a decrease to the investment account? a) Only when a cash dividend is received from the investee. b) Only when the investee reports a net loss for the year. c) When a cash dividend is received from the investee and also when the investee reports a net loss for the year. d) Under no circumstance is the investment account directly decreased. Necessary adjustments are recorded to the fair value adjustment accoun .On November 1, 2022, ABC Company purchased 25,000 shares (a 20% st of XYZ Corporation at a cost of $80 per s

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