Company A has 100% ownership of Company B. Company A uses equity method for internal...
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Company A has 100% ownership of Company B. Company A uses equity method for internal financial recording At the end of the year right before the consolidation, you need to tell the CEO what the consolidated net Income is for the past year. The consolidated net income should be equal to O A.A's net Income (excluding income from equity investment) B.B's net income OC.A's net income + B's net income OD. A's net income
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