Question: Per Note 1, CVS has equity-method investments in SureScripts, LLC, and in Heartland Healthcare Services. CVS indicates that those investments are immaterial for the year

Per Note 1, CVS has equity-method investments in SureScripts, LLC, and in Heartland Healthcare Services. CVS indicates that those investments are immaterial for the year ended December 31, 2019. Assuming that the Heartland investment is material:

a. How would Heartland’s earnings affect CVS’s income statement?

b. How would Heartland’s earnings affect CVS’s balance sheet?

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