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ANSWER IN YOU OWN WORDS! Dont forget to provide references. Thank you. Under the equity method, why isnt the payment of dividends from the subsidiary

ANSWER IN YOU OWN WORDS!

Dont forget to provide references.

Thank you.

Under the equity method, why isnt the payment of dividends from the subsidiary to the parent included in the updating of consolidated Retained Earnings?

Explain how to convert a parent companys cost-method pre-consolidation retained earnings to equity method pre-consolidation retained earnings. What is the relation between the resulting parent company equity method pre-consolidation retained earnings and consolidated retained earnings?

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