All categories

3 years ago

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

You might be interested in

Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income stateme

Serhud [2]

Answer:

$636,364

Explanation:

Calculation to determine what The break-even point for Gardner Corporation for the current year is

First step is to calculate the Variable costs

Variable costs = $250,000 + $150,000 + $75,000 + $200,000

Variable costs = $675,000

Second step is to calculate the Contribution margin ratio

Contribution margin ratio = (Sales - Variable costs) / Sales

Contribution margin ratio= ($1,500,000 - $675,000) / $1,500,000

Contribution margin ratio= 0.55*100

Contribution margin ratio = 55%

Now let calculate the Break-even point

Break-even point = Fixed costs / Contribution margin ratio

Break-even point= ($100,000 + $250,000) / 0.55

Break-even point = $636,364

Therefore The break-even point (rounded to the nearest dollar) for Gardner Corporation for the current year is:$636,364

6 0

3 years ago

PLEASE HELP ASAP!!! What was the former name of the TSA? When was the TSA founded and why? What is the motto of the TSA? What is

Vitek1552 [10]

Answer:

#1 Former name was the American Industrial Arts Association (AIASA)

#2 Founded in November 19, 2001 and it was formed in response to the September 11 attacks to prevent from future events of that type.

#3 "Learning to lead in a technical world."

#4 " TSA's mission is to protect the nation's transportation systems to ensure freedom of movement for people and commerce"

5 0

3 years ago

A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am

tatyana61 [14]

If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.

A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.

A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.

Dividend yield=Annual Dividend next year/Current price

Annual Dividend next year=(49*3.8%)=$1.862

Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)

⇒$1.862/1.051

⇒$1.77 (Approx)

Learn more about stock market here:-brainly.com/question/690070

#SPJ4

3 0

2 years ago

Which step in the STP process develops descriptions of the different segments, which helps firms better understand the customer

timurjin [86]

Answer:

d. Evaluate segment attractiveness

Explanation:

The STP process helps to find your customers and decide the best way to target them. The step of the process that develops descriptions of the different segments is evaluate segment attractiveness as in this step the description of the segments along with market information and research results are generated to evaluate each segment.

6 0

3 years ago

A firm has market power if it can a. maximize profits. b. minimize costs. c. influence the market price of the good it sells. d.

VikaD [51]

Answer:

Option C: Influence the market price of the good as it sells

Explanation:

Market Power is simply when a firm is able to raise price above the equilibrium level by not and without losing all of its customers. It depends on largely on the closeness of substiutes.

A firm has market power if it can Influence the market price of the good as it sells to its customer and can regulate it when necessary.

5 0

3 years ago