1. Describe the rationale for why an investor using the equity method must recognize its share of Other Comprehensive Income of the investee. 2. Why is the equity method sometimes described as a...

1. Describe the rationale for why an investor using the equity method must recognize its share of Other Comprehensive Income of the investee.

2. Why is the equity method sometimes described as a one-line consolidation? Consider both the balance sheet and the income statement in your response.

May 26, 2022

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1. Describe the rationale for why an investor using the equity method must recognize its share of Other Comprehensive Income of the investee. 2. Why is the equity method sometimes described as a...

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