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SSSSS [86.1K]
3 years ago
15

What is the rule for reporting the revenues and expenses of a company that is acquired partway through a fiscal year in the cons

olidated income statement?
A. No revenues and expenses for the subsidiary get reported in consolidation at all
B. All the revenues and expenses for the subsidiary, including both before and after the acquisition date, are included in consolidated income.
C. Only the revenues and expenses for the subsidiary that occur after the acquisition date are reported in consolidated income
D. The acquiror has the option of any of the methods in a, b, or cabove
Business
1 answer:
lbvjy [14]3 years ago
6 0

Answer:

D

Explanation:

PLEASE BRAINLIEST please

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Mice21 [21]

Answer:

undue influence

Explanation:

Undue influence is the act in which one person in order to get desirable outcome is able to convince other to take any action or decision which the other person may not have willingly taken.

Such influence can be exerted via use of power, exploiting weakness of other or in case other person is ignorant of some information. Some time manipulating ability of a person also helps him to exert undue influence.

In business, if there is any agreement between two parties and there is proof of undue influence. Then, such agreement becomes void by contract law.

In the problem stated above, Hazel was convinced to invest a nonexistent social networking site. She had not done it willingly but was influenced by Gene. Thus, this event is case of undue influence.

3 0
3 years ago
Which of the following is NOT a key element in strategic planning as it is described in the text? a. The statement of cash flows
Colt1911 [192]

Answer:

(a) The Statement of cash flow

Explanation:

Income is ceaseless procedure where no vital vision is required. Since to run everyday activities you have to deal with the income so you can maintain your business admirably and productively.  

While for The statement of purpose, company's degree, articulation of corporate goals and organization's systems you should have vital arranging since it will show the region where corporate will run in future.

7 0
4 years ago
The average number of times each dollar in the money supply is used to purchase goods and services is called:______.
zhenek [66]

Answer:

o think the answer is the discount rate

7 0
3 years ago
The revenues and expenses of Up-in-the-Air Travel Service for the year ended April 30, 2017, follow:
Drupady [299]

The  income statement for the year ended April 30, 20Y7 is $391,000.

<h3>Income statement</h3>

Up-in-the-Air Travel Service Income statement for the year ended April 30, 2017

Revenue:

Fees earned $1,870,000

Expenses:

Office expense $343,000

Miscellaneous expense $21,000

Wages expense $1,115,000

Total expenses $1,479,000

Net income $391,000

($1,870,000-$1,479,000)

Therefore the net income is $391,000.

Learn more about income statement here:brainly.com/question/24498019

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6 0
3 years ago
What is the term for an interval smaller than a step?.
Svetach [21]

Answer:

Half step

Explanation:

If you're talking about music, then a half step is smaller than a step.

7 0
3 years ago
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