Answer:
$10,140,000
Explanation:
To make consolidated statements company needs to consolidate the financial data of its own and its subsidiary.
Revenue can be consolidated of parent and subsidiary as follow:
First
Add revenue of both companies
Total Sales = Patti Company sales + Shannon Inc. sales
Total Sales = $10,000,000 + $200,000 = $10,200,000
Now deduct the sale made to each other because sales mad within the group is not recorded for consolidation purposes and it is not a sale for a group it is an internal group transfer.
Consolidated Sales = Total sales - Internal Sales
Consolidated Sales = $10,200,000 - $60,000 = $10,140,000
Answer:
The answer is option “d” – selling PAI stock short.
Explanation : Short selling should be done only when the share prices are expected to fall. In this case PAI stocks are set to rise in a gradual manner and short selling will lead to losses.
The bottom one because equal is balanced
Answer:
wholesaler
Explanation:
A wholesaler is part of the downstream supply chain. It operates by purchasing large amounts of certain goods and then reselling them to smaller retailers. Wholesalers act as intermediaries between small retailers that are unable to purchase large amounts from manufacturers, but still need to purchase them at a discount price. Generally, wholesalers do not sell directly to the general public, only to other smaller businesses.
Answer:
Owning property
Explanation:
Its the only one that affects solely 1 person rather than benefit the community as a whole
