Consolidated net income for a parent and its partially-owned subsidiary would always be equal to the total of the parent company's net income:

Question

Quizplus · Accepted Answer

Consolidated net income represents the total net income of a parent company and its subsidiaries. The correct calculation for consolidated net income includes adding the parent's share of the subsidiary's net income. Therefore, the correct choice is D, which states that consolidated net income equals the parent's net income plus the parent's share of the subsidiary's net income.

Consolidated Net Income for a Parent and Its Partially-Owned Subsidiary