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3 years ago

When the preparation of consolidated financial statements in a parent-subsidiary relationship occurs, it is an example of the?

Business

1 answer:

Vsevolod [243]3 years ago

4 0

Answer:

It is an example of subsidiary companies, and occurs when a company is directly or indirectly controlled by another and for that control to exist, it is the property of more than 50% of the shares.

Explanation:

A company is considered the parent of another when it exercises financial, economic and administrative control directly or indirectly, through one or more subsidiaries of its own, or by companies that have a dependency link to the parent company or its subsidiaries, therefore, the subordinate is that company that lacks autonomy simply because it is dominated by a parent company.

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A customer places an order on January 1, 2019. Fifteen days later, that order is received by the manufacturing department. Twent

denis-greek [22]

Answer: 75 days

Explanation:

The total customer-response time (CRT), will be calculated as:

Order received by the manufacturing department = 15 days

Add: Order put into production = 20 days

Add: Processing time = 25 days

Add: Shipping Time = 15 days

Total customer response time = 75 days

6 0

3 years ago

Nick’s Novelties, Inc., is considering the purchase of new electronic games to place in its amusement houses. The games would co

ASHA 777 [7]

Answer:

a. 5 years

b. Yes they will because the payback period is 5 years.

Explanation:

a. Payback period

First calculate the annual cash inflow:

= Net income + Depreciation

= 66,500 + 28,500

= $95,000

The investment cost was $475,000

Payback period = Investment cost / Annual cash inflow

= 475,000 / 95,000

= 5 years

b. The company will purchase the games because they have a payback period of 5 years.

5 0

3 years ago

A necessary condition to use the equity method of reporting for an equity investment is that the investor company must

Vilka [71]

The answer would be a. Have the ability to exercise significant influence over the operating and financial policies of the investee

4 0

3 years ago

From the list that jill made for a shopping trip to the grocery store, she could recall only the items in the beginning and in t

Veseljchak [2.6K]

this is an example of semantic memory

<h3>What is semantic memory?</h3>

Semantic memory refers to general world knowledge collected by humans over the course of their lifetimes. This general knowledge is influenced by experience and culture.

You are using semantic memory when you know what an object is, the name of a color, or the name of the president. Semantic memory is critical for children and students since it allows you to recall the facts that you are learning and being evaluated on.

Semantic memory is conscious long-term memory for the world's meaning, understanding, and conceptual facts. Semantic memory is one of two types of explicit, conscious, long-term memory, which is memory that may be recovered into conscious awareness after a considerable delay (from several seconds to several minutes).

To know more about semantic memory follow the link:

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1 year ago

A limited liability company that has two or more members can be taxed as a corporation.

Novosadov [1.4K]

It's true a limited liability company that has two or more members can be taxed as a corporation.

Option A) is true.

If you form a multiple-member LLC and do not file a special form with the IRS, the LLC will be taxed as if it were a partnership. You may elect to be treated as an S Corporation by filing IRS Form 2553, Election by a Small Business Corporation.

A multi-member limited liability company is treated as a pass-through entity for federal income tax purposes. As with a sole proprietorship GmbH, this means that the GmbH does not pay its own taxes. Instead, each member pays taxes on the company's income in proportion to their interest in the LLC.

Learn more about limited liability company at

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3 0

1 year ago