Cost Method, Equity Method, and Consolidation
Identify how each of the following investments in equity securities should be classified by the investor company:
|
|
Number of |
Total Shares |
|
|
Shares Owned |
of Investee Company |
|
|
by Investor Company |
Outstanding |
|
1 |
1,200 |
10,000 |
|
2 |
6,000 |
8,000 |
|
3 |
20,000 |
55,000 |