Wyoming Company has 40,000 shares of its common stock outstanding. Dakota Company owns 35,000 shares of Wyoming Company's stock. Which of the following methods should Dakota Company use to account for its investment in Wyoming Company?

A) market-value
B) equity
C) consolidated financial statements
D) cost

C

Business

You might also like to view...

Expected customer services provide a competitive advantage to the retailer

Indicate whether the statement is true or false

View
Business

The first stage in the hierarchy of effects is _____

a. awareness b. knowledge c. liking d. desire

View
Business