How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the partial equity method of internal recordkeeping?
A) $170,000.
B) $354,000.
C) $164,000.
D) $ 6,000.
E) $174,000.

Question

Quizplus · Accepted Answer

The difference in Franel's income between using the equity method and the partial equity method would be $6,000, as the partial equity method typically results in a smaller adjustment to income compared to the full equity method.

How Much Difference Would There Have Been in Franel's Income