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
Temka [501]
3 years ago
6

In general, consolidated financial statements should be prepared a.when a corporation owns more than 50% of the common stock of

another company b.when a corporation owns more than 20% and less than 40% of the common stock of another company c.whenever the market value of the stock investment is significantly lower than its cost d.only when a corporation owns 100% of the common stock of another company
Business
1 answer:
anygoal [31]3 years ago
5 0

Answer:

a.when a corporation owns more than 50% of the common stock of another company

Explanation:

Many a times, a parent company holds stock in it's own subsidiary company. Consolidation refers to presentation of combined profitability of a group wherein a Parent Co holds majority of the common stock i.e more than 50% of the common stock in it's subsidiary.

Such a presentation presents the combined picture of a group and helps in better comprehension and understanding by the users of the financial statements.

If a parent owns 100% stock in it's subsidiary, such subsidiary is referred to as a wholly owned subsidiary.

You might be interested in
Describe trade union
LiRa [457]

Answer:

A trade union is an organisation made up of members (a membership-based organisation) and its membership must be made up mainly of workers. One of a trade union's main aims is to protect and advance the interests of its members in the workplace. Most trade unions are independent of any employer.

4 0
2 years ago
Read 2 more answers
Nations will attract investment and its citizens will engage in productive activities when the institutions and policies of that
Varvara68 [4.7K]

Answer:

Explanation:

All of the above.

Companies will be attracted to nations that encourage market exchange and not restrict it, reward innovation, and protect people and property,

4 0
3 years ago
The market demand function for corn is Qd = 5 15 - 2P and the market supply function is Qs= 5P- 6, both quantities measured in b
GaryK [48]

Answer:

The Producer surplus = 19.6.

consumer surplus = 12.25.

Aggregate supply = 31.85.

Explanation:

Normally, the demand equilibrium function equals to supply equilibrium function will get us the price which is $3 that is Qd = Qs. Hence, if we equate both function together like;

15 - 2P = 5P - 6.

15 +6 = 5P + 2P.

21 = 7P.

P = $3.

Thus, Qd = 15 - 2P= 15 - 2(3) = 15 - 6 = 9 units.

Qs = 5P - 6 = 5(3) - 6 = 15 - 6 = 9.

Therefore, if the price is going to be Increased by $4, we will have that;

Qd = 15 - 2P= 15 - 2(4) = 15 - 8 = 7 units.

=> The Producer surplus = 1/2 × 14 (4 - 1.2) = 19.6.

=> consumer surplus = 1/2 × 7 (7.5 - 4) = 12.25.

Aggregate supply = Producer surplus + consumer surplus = 19.6 + 12.25 = 31.85.

8 0
2 years ago
Find the future value of $10,000 invested now after five years if the annual interest rate is 8 percent. What would be the futur
inysia [295]

Answer:

$4,000

Explanation:

P- percent

r-rate

t-time

P: 10000

R:8 but u have to move it two spots so it would be 0.08

T:5 years

10,000(0.08) (5) = 4,000

$4,000

That's how I do it. I hope it helps!

5 0
2 years ago
Millions of West Africans who migrated to Nigeria during the 1970's, when the country's economy expanded, were expelled during t
lorasvet [3.4K]

Answer:

Pull factor becoming a push factor

Explanation:

Nigeria is the most populous black nation on earth and attracts a lot of tourist as well as investors at every point in time. During the 1970's, there was migration of people from other west African countries due to the economic stabilty and increasing economic expansion, thus making Nigeria a place to search for greener pasture within the continent. In the 1980's, there was an economic downturn that hit the country so hard that Nigerians started calling for the exit of fellow african nationals in the country. Most affected country then was Ghana and there was a slogan with tthe phrase 'Ghana-must-go'.

The phrase went on to become the name of the bags with which Ghanians left tthe country with.

N.B: look up Ghana-must-go bags on google.

Cheers.

8 0
3 years ago
Other questions:
  • ________ groups are assigned by organizations or managers, while ________ groups form when members' purpose of getting together
    15·1 answer
  • Lisette is excited about her new home in Rome. She has been given the opportunity to learn about a new culture, form new friends
    8·1 answer
  • To avoid costly mismatches between the design of a new offering and the capability of the processes and supply chain required to
    12·1 answer
  • Consider the subschema of a receiving clerk. The receiving clerk needs sufficient rights in her logical view to perform her duti
    14·1 answer
  • A partnership intentionally created and recognized, orally or in writing is known as a(n) _____ partnership.
    8·1 answer
  • Pelzer Printing Inc. has bonds outstanding with 9 years left to maturity. The bonds have a 8% annual coupon rate and were issued
    11·1 answer
  • Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)
    7·1 answer
  • A. Explain why utilitarians might argue that both justice and well-being are intrinsically valuable.
    10·1 answer
  • A partnership is a form of corporation.<br> True or False?
    8·1 answer
  • To create and capture customer value, companies must engage the first step of the marketing process, which is __________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!