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Which of the following is true when we use the equity method for consolidating a subsidiary? Select one: a. Consolidated net income = Subsidiarys net

Which of the following is true when we use the equity method for consolidating a subsidiary? Select one:

a. Consolidated net income = Subsidiarys net income

b. Consolidated current assets = Parents current assets

c. Consolidated income = Parents income

d. Consolidated net income = Parents net income only for wholly owned subsidiaries

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