_____ If a subsidiary has always been profitable (and dividends never equaled net income) , the consolidated net income amount is the same as the parent's net income amount
A) Only under the equity method.
B) Only under the cost method.
C) Under both the equity method and the cost method.
D) Under neither the equity method nor the cost method.
Correct Answer:
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Q52: _ When a parent company uses the
Q53: _ When a parent company uses the
Q54: _ In the absence of knowing whether
Q55: _ Which of the following statements is
Q56: _ Under the equity method, a parent
Q58: _ Dividends declared by a subsidiary as
Q59: _ When a parent uses the equity
Q60: _ In the consolidated statement of retained
Q61: _ When a parent-subsidiary relationship exists, the
Q62: _ Dividends declared by a subsidiary are
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