Oman Gulf purchased 15% shares of Oman Construction. Oman Gulf's intention is only to make profit from the shares it bought from Oman Construction. Fair value of the shares is known to both companies....

Oman Gulf purchased 15% shares of Oman Construction. Oman Gulf's intention is only to make profit from the shares it bought from Oman Construction. Fair value of the shares is known to both companies. What accounting method for equity securities should Oman Gulf use? a. Fair Value Method b. Full Consolidation Method c. Equity Method d. Cost Method