Question: If the parent company uses the complete equity method when accounting for its wholly-owned subsidiary on its own books The subsidiarys separately reported income equals

If the parent company uses the complete equity method when accounting for its wholly-owned subsidiary on its own books

The subsidiarys separately reported income equals total consolidated income to the parent The parents separately reported income plus the subsidiarys separately reported income equals total consolidated income The parents separately reported income equals consolidated income The parents separately reported income equals the subsidiarys ending retained earnings balance

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