Question:The equity method of accounting for long-term investments in stock should be used when the investor has significant influence over an investee and owns: 

A between 20% and 50% of the investee's common stock. 
B 20% or more of the investee's common stock. 
C more than 50% of the investee's common stock. 
D less than 20% of the investee's common stock. 

+ Answer
A 

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Md. Saydul Alam

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