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gogolik [260]
3 years ago
8

Consolidation accounting:______

Business
1 answer:
Finger [1]3 years ago
4 0

Answer:

c. combines the accounts of the parent company and those of the subsidiary companies.

Explanation:

Consolidation accounting is the accounting in which the parent company accounts are combined with the subsidiary companies accounts. It can be applied at the time when the parent company takes more than 50% of the shares of the subsidiary company

Therefore as per the given situation, the option c is correct

And, the same is to be considered

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. JetGreen Cleaners makes 80% of its sales on credit. Experience shows that 25% of the credit customers pay in the month of sale
anastassius [24]

Answer:

July = $237,600

August = $238,400

Explanation:

Note that credit sales account for only 80% of total sales, the remainder should be considered as cash receipts in the month of sale. Cash receipts for July are 20% of July total sales, plus 25% of July credit sales, plus 55% of June credit sales, and 20% of May credit sales:

J = 0.20*280,000+0.8*(0.25*280,000+0.55*220,000+0.20*180,000)\\J= \$237,600

Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:

A = 0.20*200,000+0.8*(0.25*200,000+0.55*280,000+0.20*220,000)\\A= \$238,400

Budgeted cash receipts are:

July = $237,600

August = $238,400

5 0
3 years ago
In order to determine the average variable cost, the firm's variable costs are divided by _______________________.
emmasim [6.3K]

Answer:

total output.

Explanation:

for example, a company manufactures 10,000 units of A. Its total variable costs are $50,000, and its total fixed costs are $25,000.

The average variable cost = $50,000 / 10,000 = $5 per unit of A

The average fixed cost = $25,000 / 10,000 = $2.50 per unit of A

The average total cost = $75,000 / 10,000 = $7.50 per unit of A

3 0
3 years ago
The "market clearing price" is most closely associated with
mel-nik [20]

The market clearing price is the price that balances the amount buyers want to buy with the amount sellers want to sell. This price balances the amounts demanded and supplied. The "market clearing price" is most closely associated with market equilibrium, because it exists when a market is clear of shortage and surplus, or is in equilibrium, when the demand curve and supply curve intersect.

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I believe it is 75? I may be incorrect
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When problem-solving, a person should ask:<br> who.<br> how.<br> where.<br> why
geniusboy [140]
Very true! sorry i don’t know what ur asking but i agree with all!!
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3 years ago
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