company accounting and reporting.. please do give answer.

(b) Explain how to account for associates in the separate financial statements of the investor. [4 mark: (c) Explain the effect of equity method on the consolidated income statement and statement of financial position. [4 marks] (d) Describe the requirement of MFRS 3 Business Combination in relation to the revaluation of a subsidiary company's assets to fair value at the acquisition date