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Intercorporate Investments - Schweser Mistake
Hi all,
Im reviewing flash cards from Schweser about intercorporate investments. One of the cards reads (card 18/50 for FRA)
“All three methods (equity, acquisition, prop consolidation) report the same equity”. Maybe im mistaken, but i thought acquisition method reported higher equity as it includes minority interest, whereas the other methods do not include MI. I think the Schweser book says the same thing, so just a heads up for anyone using the flashcards. |
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