Discuss the 3 consolidation techniques, cost, simple equity and sophisticated equity methods and list some of the pros and cons of each. When might a company prefer one technique to another? Why

Discuss the 3 consolidation techniques, cost, simple equity and sophisticated equity methods and list some of the pros and cons of each.

When might a company prefer one technique to another? Why?

Is it possible for consolidated net income to exceed the sum of each individual net income figure? Why or why not?

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