Question: What effect does the parent's selection of the equity method vs. the initial value method have on consolidated financial statements?Multiple choice question.No effect.The Investment in

What effect does the parent's selection of the equity method vs. the initial value method have on consolidated financial statements?Multiple choice question.No effect.The Investment in Subsidiary account balance in the consolidated balance sheet will be lower under the initial value method.Consolidated dividends will be higher under the initial value method.Consolidated net income will be higher under the equity method.

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