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What I would like to clear up is that I notice sometimes questions involving consolidation may ask, “what is the total consolidated retain earning” For example, the Parent’s R/E is $100,000 and the Sub made $50,000 in post-acquisition profits, what is the total consolidated R/E. Some answers states that the consolidated R/E includes only hte Parent. And another question would state Parent plus Sub’s R/E. Does this have to do with the method that is used, such as Purchase or acquisition method? What is the difference in terms of reporting consolidated R/E subsequent to the date of acquisition because on acquisition date they should be the same.
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