Question: When a parent uses the equity method throughout the year to account for its investment in a 1 0 0 % - owned subsidiary, which
When a parent uses the equity method throughout the year to account for its investment in a owned subsidiary, which of the following statements is FALSE?
Parent company's total assets equals consolidated total assets.
Parent company's retained earnings equals consolidated retained earnings.
Parent company's dividends equals consolidated dividends.
Parent company's net income equals consolidated net income
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