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
azamat
3 years ago
9

Which of the subsidiary's account balances must always be eliminated?

Business
1 answer:
Ymorist [56]3 years ago
8 0

Answer:

The joint-stock company and the equity accounts of the affiliate owners must be eliminated.

Explanation:

In preparing the consolidated financial statements, the parent companies eliminate the effects of interstate transactions by introducing elimination, because the subsidiary's shares are wholly consolidated and none represents the claims of foreigners. The elimination entries allow the presentation of all account balances as if the parent company and its subsidiaries were one company.

You might be interested in
In which of these areas in the manufacturing and distribution process can a company create sustainability measures? (Select all
Deffense [45]
Understand the needs of your customers; sales, transportation, the whole supply chain. Take function and brand into account. Reduce, minimise and optimise packaging materials. Reduce packaging waste, use recyclable lightweight materials, biodegradable, compostable materials and renewable resources.
4 0
3 years ago
Government-regulated maximum rent levels are an example of what? A. price floors B. public good C. rationing D. price ceilings
OLga [1]

D. Price ceiling

This is a government regulation that establishes a maximum price for a specific thing.

3 0
3 years ago
Marketing manager joe driscoll stated that the company believes that all brands and product categories can be​ reinvigorated, ac
BabaBlast [244]

Marketing Manager Joe Driscoll stated that the company believes that all brands and product categories can be​ reinvigorated, actively using cross promotions during the latter stages of cross promotion. Cross promotion is a marketing techniques, in these two companies come for joint promotion of its products or service.

 

Marketing manager Joe Driscoll stated that the company believes that all brands and product categories cab be reinvigorated actively using cross promotions during the latter stages of product decline.

In a product life cycle, product goes with different stages like introduction, growth, maturity and decline. Product or brand having same life cycle, brand or product can be energized by using cross promote on marketing technique.

<span> </span>

5 0
3 years ago
Read 2 more answers
The Uniform Securities Act is designed to protect the general public and not restrict investment activities of institutional or
SSSSS [86.1K]

Answer: C. chief executive officers of companies listed on the NYSE.

Explanation:

The Uniform Securities Act was put in place in order to curtail securities fraud. It was designed in order to protect the public.

It should be noted that Any offer or sale to any of the following would be considered exempt from the registration and advertising filing requirements of the USA except the chief executive officers of companies listed on the NYSE.

8 0
3 years ago
Net cash flows $ 63,000 $ 46,000 $ 83,000 $ 159,000 $ 41,000 $ 392,000 a. Compute the net present value of this investment. b. S
san4es73 [151]

Answer:

a. $36,310.55

b. Yes

Explanation:

a. The computation of the net present value is shown below:-

Year        Net Cash Flow      PV at 12%            PV of Net Cash Flows

1                $63,000                  0.893               $56,259

2               $46,000                  0.797                $36,662

3                $83,000                  0.712                $59,096

4                $159,000                 0.636              $101,124

5               $41,000                   0.567               $23,247

Total                                                                  $276,310.55  (B)

Invested Amount                                              $240,000  (A)

Net Present Value                                            $36,310.55  (B - A)

b. Since the net present value comes in positive so Beyer should accept this investment

3 0
3 years ago
Other questions:
  • Suppose that a country's inflation rate increases sharply. As a result, the inflation tax on holders of money . True or False: W
    15·1 answer
  • Identify the phase in the new product development process during which the item first acquires finite form. The concept generati
    10·1 answer
  • Benny Company budgeted 610 pounds of direct materials costing​ $18.00 per pound to make​ 8,000 units of product. The company act
    14·1 answer
  • An accountant has debited an asset account for $1,200 and credited a liability account for $500. What can be done to complete th
    10·1 answer
  • Managers consider several different rationales when adapting marketing program elements, such as ________.
    9·1 answer
  • Widget Corp. has launched a new range of smart bulbs with enhanced features. Before developing the product, Widget Corp. conduct
    14·1 answer
  • Central City needs to have an income of $3,560,000. The total property is valued for taxation at $92,000,000.What is the tax rat
    15·1 answer
  • The income statement for the Marin Inc. for the month ended July 31 shows Service Revenue $19,560, Salaries and Wages Expense $9
    10·1 answer
  • Who is excited for season 7 on modern warfare
    13·2 answers
  • You have $25,000 of credit card debt, and you decide that you will never charge another
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!