How should an investor corporation account for the following investments?a. Ownership of 51 percent of the voting shares of a company.b. Ownership of 20 percent of the outstanding common shares of a...

How should an investor corporation account for the following investments?a. Ownership of 51 percent of the voting shares of a company.b. Ownership of 20 percent of the outstanding common shares of a company. These common shares represent 60 percent of the votes.c. Ownership of 25 percent of the shares of a company.d. Ownership of 0.05 percent of the shares of a company.View Solution:

How should an investor corporation account for the following investments