Consolidated Retained Earnings Include

Multiple Choice

Consolidated Retained Earnings include:

A) consolidated net income less any dividends declared by either the parent or the subsidiary.
B) consolidated net income less any dividends declared by the parent only.
C) the parent's net income plus its share of the subsidiary's income less any dividends declared by either the parent or the subsidiary.
D) the parent's share of consolidated net income less any dividends declared by the parent.