What are consolidated retained earnings? Multiple Choice The parent's retained earnings plus the subsidiary's retained earnings. The parent's retained earnings plus the parent's share of the subsidiary's net Income for the current year less the parent's shares of the subsidiary's dividends declared. The parent's retained earnings plus the parent's share of the net Increase in the subsidiary's retained earnings since acquisition. The parent's retained earnings only. The parent's retained earnings under the equity method should be equal to Multiple Choice consolidated retained earnings the difference between the parent's retained earnings and the subsidiary's retained earnings. the subsidiary's retained earnings the parent's retained earnings