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A Mountain Climber Encounters a Crevasse in an Ice Field

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A mountain climber encounters a crevasse in an ice field. The opposite side of the crevasse is a height h lower, and is separated horizontally by a distance w. To cross the crevasse, the climber gets a running start and jumps in the horizontal direction. If the height of the crevasse increases but the width remains the same, then,

Distinguish between methods of accounting for investments (cost method, equity method, consolidation).
Recognize significant influence and control indicators in investment relationships.
Apply the equity method for investments when significant influence is present.
Identify the requirements for consolidated financial statements.

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