Which of the following is true regarding changes in fair value of equity investments accounted...

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Accounting

Which of the following is true regarding changes in fair value of equity investments accounted for under the equity method?
Changes in fair value are reported as part of net income.
Changes in fair value are reported as part of other comprehensive income.
Changes in fair value are reported as part of investing cash flows.
Changes in fair value are not reported in the financial statements

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