Equity income, and consolidated income, is usually lower than one would predict by simply adding the investors

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Equity income, and consolidated income, is usually lower than one would predict by simply adding the investor’s income and the pro- rata share of the investee’s income. Why does this happen?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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Question Posted: Feb 17, 2015 08:52 AM

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Equity income, and consolidated income, is usually lower than one would predict by simply adding the investors

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Intermediate Accounting

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