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Determine the appropriate method of the investments

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Reference no: EM131705525

Question: Auroral Company had the following investments in shares of other companies on December 31, Year 1:

443_Auroral Company.png

Required: Determine the appropriate method for including each of these investments in Auroral Company's consolidated financial statements:

a. In accordance with IFRS.

b. In accordance with U.S. GAAP.

Reference no: EM131705525

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