1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jobisdone [24]
1 year ago
12

It seems as if consolidated net income is always less than the sum of the parent’s and subsidiary's separately calculated net in

comes. Is it possible that the consolidated net income of the two affiliated companies could actually exceed the sum of their individual net incomes?
Business
1 answer:
BARSIC [14]1 year ago
4 0

Answer:

<h2>Consolidated net income is the sum of net income of the parent company excluding any income from subsidiaries recognized in its individual financial statements plus net income of its subsidiaries determined after excluding unrealized gain in inventories, income from intra-group transactions, etc.</h2>
You might be interested in
Empire Industries is considering adding a new product to its lineup. This product is expected to generate sales for four years a
Andreyy89

Answer:

The project's net present value if the firm wants to earn a 13 percent rate of return is c. $4,312.65

Explanation:

The Net Present Value of a Project is Calculated by Taking the Present Day (Discounted) Value of All future Net Cashflows based on the <em>Business Cost of Capital</em> and <em>Subtracting</em> the initial Cost of the Investment.

Using A Financial Calculator Cf Function:

Cf0 = -62,000

Cf1 =   16.500

Cf2 =  23,800

Cf3 =  27,100

Cf4 =  23,300

IRR = 13 %

NPV = 4,312.65

7 0
4 years ago
Read 2 more answers
A gantt chart is built using established precedence relationships. <br> a. True <br> b. False
Luden [163]
I believe that it is true, here's an example of such a chart.

8 0
3 years ago
Management innovations such as total quality, benchmarking, and business process reengineering cannot lead to sustainable compet
Lilit [14]

Answer: Option B

   

Explanation: An organisation can earn sustainable competitive advantage in the market only if they have some special assets or rights that they can use to attract the customer and maintain their base for a period of time.

Although, globalization has made the world a single market and every entity is now focusing on maximizing their consumer satisfaction by doing researches and setting benchmarks.

Hence as every second entity operating at a global level is doing the given activities therefore none of them can get competitive advantage.

8 0
4 years ago
Read 2 more answers
An accounting system must be able to a.collect and classify information. b.summarize information. c.report information. d.All of
Vikentia [17]

Answer:

The answer is D.

Explanation:

The chronological order of Accounting System is:

Collecting of information

Classifying of information

Summarizing of information

Reporting a business financial

and operating information.

You can see all the options are in the chronological order of accounting system. Therefore, all of the above is correct.

5 0
3 years ago
Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $48,400.
nasty-shy [4]

Answer:

$3,340

Explanation:

Step 1  : Determine the Depreciation rate

<em>Depreciation rate = Cost - Salvage Value ÷ Estimated Units</em>

Depreciation rate = $0.10

Step 2 : Depreciation Expense

<em>Depreciation Expense = Depreciation rate x units produced</em>

Depreciation Expense = $3,340

Therefore,

the machine's second-year depreciation using the units-of-production method is $3,340

4 0
3 years ago
Other questions:
  • Based on the following​ information, what is the balance on the current​ account? Exports of goods and services​ = $12 billion I
    8·2 answers
  • A roulette wheel in a casino has 38 slots. If you bet a dollar on a particular​ number, you'll win ​$30 if the ball ends up in t
    13·1 answer
  • Consider the following dialog between Rina, an economics student who currently studies macroeconomics, and Yvette, her teaching
    11·1 answer
  • A _________________ form is a document that is used to ensure that employees are aware of the fact that their use of company equ
    13·1 answer
  • Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capita
    5·1 answer
  • Assume that you work for a company that is developing a new technology to allow noise cancellation of loud parties, neighbors, e
    9·1 answer
  • Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro
    15·1 answer
  • On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred R
    7·1 answer
  • Suppose you put half of your money in Monster Beverage and half in IBM. What would the beta of this combination be if Monster Be
    9·1 answer
  • Why should a firm stop producing when its marginal revenue is less than its average variable cost?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!