Business, 28.08.2019 00:30 lesliealvarado1022

Norbin company uses the equity method to account for its investment in stice company's common stock. after the acquisition date, the investment account reported on norbin's balance sheet wouldbe increased by norbin's share of stice's earnings and decreased by norbin's share of stice's losses. be increased by norbin's share of stice's earnings but not be affected by norbin's share of stice's losses. not be affected by norbin's share of stice's earnings and losses. not be affected by norbin's share of stice's earnings but be decreased by norbin's share of stice's losses. be decreased by norbin's share of stice's earnings and increased by norbin's share of stice's losses.

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