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That is completely godawful. How can they ask such a question??? its like asking “On earth without gravity, if you were falling out of your window, how fast would you travel by the time you reached the 5th floor from the 27th”
Doesnt GAAP require the equity method?? Consolidated statement just means consolidated, as in accordance with applicable rules! It doesnt mean “using the consolidation method incorrectly”!!!!!
ugh!
this question kicked my ass.

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