PCo owns 60% of ACo and 20% of BCo and 10% of DCo.ACo owns 45% of DCo.Identify the basis that each company is required to use when reporting its equity investments (if any).

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The Answer of PCo owns 60% of ACo and 20% of BCo and 10% of DCo.ACo owns 45% of DCo.Identify the basis that each company is required to use when reporting its equity investments (if any).

PCo Owns 60% of ACo and 20% of BCo and 10