Consolidated net income using the equity method for an acquisition combination is computed as follows:

Pregunta $17$Seleccione una:

a$.$

None of these answer choices are correct.

b$.$

Combined revenues less combined expenses less equity in subsidiary's earnings less amortization of fair$-$value allocations in excess of book value.

c$.$

Parent's reported net income plus subsidiary dividends.

d$.$

Parent's revenues less expenses for its own operations plus the equity from subsidiary's earnings less subsidiary dividends.

e$.$

Parent company's revenues from its own operations plus subsidiary retained earnings.