When analyzing data, first look at each piece alone, then look at each in combination with other data, and finally synthesize all your findings
Indicate whether the statement is true or false
True
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Assuming the acquisition price of Company S includes some differences between market and book values of depreciable assets, differences arise between the complete equity method and the partial equity method in how the accounts of the parent reflect:
A.) dividends b) income c) retained earnings d) both b and c
In the context of agency, ratification refers to:
A) Agreeing, after reaching majority, to be bound by a contract entered into as a minor. B) Agreeing to be bound to a contract entered into by an agent that exceeded the agent's authority at the time the agent entered into it. C) Reaffirming a contract that one previously agreed to. D) Getting the appropriate agency to agree to take steps to reduce an excessively large rodent population.