for the Gregory Fanner case: the answer for the consolidation method is actually proportionate consolidation method. I thought it should directly use $65. anybody any idea? Thanks.
Net income will be the same for equity and consolidation, but revenue will be higher. You have to adjust down your income based on the percentage of ownership.
if so, what is the difference between proportionate consolidation and consolidation? Thanks. ChicagoPMA Wrote: ------------------------------------------------------- > Net income will be the same for equity and > consolidation, but revenue will be higher. You > have to adjust down your income based on the > percentage of ownership.