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Business, 05.10.2019 04:10 nanakwameyeb

On january 1, 2018, jordan inc. acquired 30% of nico corp. jordan used the equity method to account for the investment. on january 1, 2019, jordan sold two-thirds of its investment in nico. it no longer had the ability to exercise significant influence over the operations of nico. how should jordan account for this change?

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On january 1, 2018, jordan inc. acquired 30% of nico corp. jordan used the equity method to account...
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