a . Would you consider the presentation to be a multiple-step income statement or a single-step income statement ? Comment .
b . Does it appear that there is a 100 % ownership in all consolidated subsidiaries ?
c . If a subsidiary were not consolidated but rather accounted for using the equity method , would this change net earnings ( loss )? Explain .
d . Describe equity in loss from unconsolidated entities .
Corporation ? Explain .
e . Comment on Note 1 . Does this note project favorably on the future of Lennar
f . Comment on Note 2 . Why take an impairment for goodwill under financial services ?