The entry to convert from the initial value method to the equity method usually involves a debit to investment in subsidiary account and a credit to what account? subsidiary's end of the year retained earningsparent's end of the year retained earningssubsidiary's beginning of the year retained earningsparent's beginning of the year retained earningsno entry is needed

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?