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Assume that the investor has a 60% Interest in the investee who reports a $100,000 net income. Which of the following are true statements about

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Assume that the investor has a 60% Interest in the investee who reports a $100,000 net income. Which of the following are true statements about the relationship between the equity method and consolidation? Select one: a. Under the Equity Method, the Investor will report a net income equal to consolidated income. b. Under the Equity Method, the Investor will report a net income that is less than consolidated income. c. Under the Equity Method, the investor's retained earnings will be smaller than consolidated retained earnings. d. All of the Above e. None of the Above O to 9Not yet answered Marked out of 1.00 P Flag

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