Cannalli Landscape Architecture Has Invested in Several Domestic Manufacturing Corporations

Multiple Choice

Cannalli Landscape Architecture has invested in several domestic manufacturing corporations. Which of the following investments would most likely be accounted for under the equity method on Cannalli's financial statements?

A) 3,000 shares of the 10,000 outstanding preferred shares of Fallow Co
B) 15,000 shares of the 50,000 outstanding common shares of Zeta Fertilizers Co
C) 5,000 shares of the 60,000 outstanding common shares of Denman's Greenhouses Corp
D) 20,000 shares of the 25,000 outstanding common shares of Just Pure Water Co