Equity method vs consolidation

CFA Level II
#1

Hi guys,

Could you pls help me with the Q 12 /p 179 Reading 22.

How is it possible that net income is the same under the equity metod and acquisition (consolidation) method?

Under the equity: 0,5*68+75= 109 (the answer to Q9)

The acquisition method: 68+75=143

What AM I doing wrong? Please help!!!

#2

Haven’t seen question but it looks like you haven’t subtracted minority interest (for the consolidation)

#3

that’s right! thank you so much!