Unformatted text preview: -wehther mgmt wants to mark them to market or not 3. the equity method of acct for investments requires:-investment should be marked to market each acct period-pro-rata share of investees earnings should be recorded as investment income-company should not have significant influence over investee-goodwill related to purchase of investee stock to be recorded separately on balance sheet T/F 4. not equity securities 5. A and L are brought over at the current exchange rate as of the balance sheet date...
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- Spring '11
- Balance Sheet, Marketable Equity Securities, acct period, trading marketable securities, consolidation illustration slide