Multiple Choice
Company B has 40,000 shares of its common stock outstanding.Company A owns 5,000 shares of Company B's stock.What method should Company A use to account for its investment in Company B?
A) market-value
B) equity
C) consolidated
D) available-for-sale
Correct Answer:

Verified
Correct Answer:
Verified
Q3: In an efficient capital market,searching for _.<br>A)
Q42: Each year,goodwill on the consolidated balance sheet
Q98: Orlando Company acquired all of the shares
Q99: Jeff Company purchased common stock in Garcia
Q100: The Barnum Company reports the following information:
Q101: Marketable securities that the investor company buys
Q103: Fast growing companies tend to have _
Q104: The Savage Company reports the following information:
Q106: An investor in trading securities has the
Q118: When preparing consolidated financial statements,eliminating entries are