Johnson Company owns part of three different subsidiaries. The balance sheet and the income statement for Johnson Company and its three subsidiaries are shown below. Johnson Company currently accounts for the ownership of the three subsidiaries using the equity method.

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The Answer of Johnson Company owns part of three different subsidiaries. The balance sheet and the income statement for Johnson Company and its three subsidiaries are shown below. Johnson Company currently accounts for the ownership of the three subsidiaries using the equity method.

Johnson Company Owns Part of Three Different Subsidiaries