An investor who owns 11% of an entity's voting shares
A) must use the equity method.
B) would be likely to prepare consolidated statements.
C) may have significant influence over the investee if the shares are closely held.
D) may have significant influence over the investee if the shares are widely held.

Question

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The Answer of An investor who owns 11% of an entity's voting shares
A) must use the equity method.
B) would be likely to prepare consolidated statements.
C) may have significant influence over the investee if the shares are closely held.
D) may have significant influence over the investee if the shares are widely held.

An Investor Who Owns 11% of an Entity's Voting Shares