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Consolidated Net Income would be: Multiple Choice higher if the parent chooses to use the Equity Method rather than the Cost Method, provided that the
Consolidated Net Income would be:
Multiple Choice
- higher if the parent chooses to use the Equity Method rather than the Cost Method, provided that the subsidiary showed a profit.
- lower if the parent chooses to use Equity Method rather than the Cost Method.
- the same under both the Cost and Equity Methods.
- higher if the parent chooses to use Equity Method rather than the Cost Method.
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