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Which the consolidated net income should be equal to

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Problem 1: Company A has 100% ownership of Company B. Company A uses equity method for internal financial recording. At the end of the year right before the consolidation, you need to tell the CEO what the consolidated net income is for the past year. The consolidated net income should be equal to

A. A's net income (excluding income from equity investment)
B. B's net income
C. A's net income + B's net income
D. A's net income

Reference no: EM132833715

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