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What consolidated net income would be

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Question 1: Consolidated net income would be

a. higher if the parent chooses to use the equity method rather than the cost method.

b. higher if the parent chooses to use the equity method rather than the cost method, if the subsidiary is profitable.

c. lower if the parent chooses to use the equity method rather than the cost method.

d. the same under both the cost and equity methods.

Reference no: EM132568539

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