500 words , the questions are lighted, please answer each questions. APA style, with to references. No opinions please make polished and backup by research. Response to two students: Please see attachment to better able to answer the questions below. I have provide students posts to be answered as well (200 words and 2 references APA style). See Rubric attached to make sure everything is covered.Focus on two areas: Identification of Associates and Applying the Equity Method of Accounting. 2 Evaluate Renault's decision to use the equity method to account for its investment in Nissan Does Page 710 Renault have insignificant influence, significant influence, or control? 3. Evaluate the fact that, when accounting for its investment in Nissan under the equity method, Renault makes adjustments that take into account the fair value of assets and liabilities at the time Renault invested in Nissan. Give an example of the sorts of adjustments that might be made. Are such adjustments consistent with IFRS? With U.S. GAAP? Explain. 4. Evaluate the fact that, when accounting for its investment in Nissan under the equity method, Renault makes adjustments for harmonization of accounting standards. Are such adjustments consistent with IFRS? With U.S GAAP? Explain.