24. Why would a parent company decide to use the equity method to 2 points account for its investment in the subsidiary? OWhen the initial method is used, no worksheet entries are required in the consolidation process. Olt is relatively easy to apply. Olt is the only internal reporting method allowed by generally accepted accounting principles. O The subsidiary's current operating results are reflected on the parent's books, so the parent can see how well its investment is doing before the consolidated statements are prepared