Answer:
$284,000
Explanation:
ABC Corporation
Consolidate Income Statement
For the year ended, 31 December, 20XX
Particulars ABC XYZ
Sales $500,000 320,000
Less: Expenses <u>$(280,000) $(240,000)</u>
Net Income $220,000 $80,000
Consolidated Income for the year under the proprietary theory approach for ABC corporation = $220,000 + (80,000 × 80%) = $220,000 + 64,000
= $284,000
According to the proprietary theory approach, the wholly-owned company will get the same percentage it owns the proportionate of that subsidiary company or companies.
This is perceived value, making the check ups free increases the value.
Answer:
annual rate of return = 54.55%
Explanation:
given data
gave to your cousin present value = $770
cousin give you future value = $1190
solution
we get here annual rate of return that is express as
annual rate of return = 
- 1 ...................1
put here value and we get
annual rate of return = 
solve it we get
annual rate of return = 54.55%
The answer is B. Financially protect against unexpected accidents
Answer:
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