Question: Under the equity method, the investor _ _ _ _ _ _ _ _ . Group of answer choices must use the LIFO method for

Under the equity method, the investor ________.
Group of answer choices
must use the LIFO method for tax purposes
debits the Revenue from Investments when the investee reports income
must record its share of the investee's net income
must debit the Long-term Investments account when a dividend is received

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