Earth Company, Fire Incorporated, and Wind Incorporated created a joint venture to market their products on the internet. Earth owns 40% of the stock, Fire owns 45% of the stock and Wind owns the remaining 15%
Which firms should report their joint venture investments using the equity method?
A) Earth
B) Fire
C) Earth and Fire
D) Earth, Fire and Wind
D
Business
You might also like to view...
________ ventures consist of one company joining forces with foreign investors to create a local business in which they share ownership and control
A) Joint ownership B) Licensing C) Contract manufacturing D) Management contracting E) Indirect exporting
Business
________ constitute a compilation of our federal and state case law
A) Attachments B) Testimonials C) Reporters D) Garnishments
Business