Question 5 Under the parent company concept of consolidated financial statements, the minority interest in net assets of a subsidiary is displayed as a liability Not yet answered Marked out of 1.00 Select one: True False P Flag question uestion 6 Under the equity method of accounting for a stock investment, the investment initially should be recorded at: ot yet swered arked out of -50 Flag question Select one: a. proportionate share of the book value of the investee company's net assets b. cost C. cost minus any differential d. proportionate share of the fair value of the investee company's net assets