Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported net income of $90,000 and declared dividends of $17,100 during the year. How much would Ramiro adjust its investment in Marco Company under the equity method? would it increase or decrease

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.