maratikus

Use the search function.
Net Income is the same in the two methods.
Equity is higher in Acquisition method.

maratikus

Schweser is wrong on this one for sure. I have not checked their errata though.
Equity under Equity method and Acquisition method will NOT be same, unless it is a 100% acquisition.
Edit: Previously NCI was reported under mezzanine section and not under Equity. So, Equity was same then. Schweser needs to update its text for this accounting change.