6. The underlying equity of an investment at acquisition: (2 Points) Is recorded in the investment account under the equity method Minus the cost of the investment is assigned to goodwill Is equal to the fair value of the investee's net assets times the percentage acquired Is equal to the book value of the investee's net assets times the percentage acquired 7. An 80 percent owned subsidiary that cannot be consolidated must be accounted for: (2 Points) Under the equity method Under the cost method Under the equity method if the parent exercises significant influence over the subsidiary At market value if the subsidiary is in bankruptcy