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