Respond to the following in a minimum of 175 words: As discussed in the chapter,...
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Accounting
Respond to the following in a minimum of 175 words:
As discussed in the chapter, The Coca-Cola Company reported over $20 billion of investments accounted for under the equity method in 2017, and they reported investment revenue of more than $1 billion in 2017. Explain why Coke accounts for some of its investments by the equity method and what that means? Is the over $1 billion in revenue reported in 2017 cash they can use? Provide an explanation for your response.
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