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This is a material from "Principals of Accounting" course, chapter "Investments and International Operations". I...

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Accounting

This is a material from "Principals of Accounting" course, chapter "Investments and International Operations".

I know that the equity method is only for investments when the investor has control over 20% of the corporation.

But, if someone has invested short term in a corporation and has 10% control over the shares, then does the net income the corporation announced has no affect to that person's personal journal entries?

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