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Advanced accounting final exam acc440 problem 1 on january 1, 20x1, popular creek corporation organized roadtime company as a subsidiary in switzerland with an initial investment cost of swiss francs (sfr) 60,000. Acc440 final exam set 2 (june 2013 updated) 1) the equity method of accounting for a stock investments requires that an investor recognize its share of earnings in the period in which the a investment is sold.
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