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DochEvi [55]
2 years ago
10

What are taxes that are applied specifically to imports and/or exports?

Business
1 answer:
Step2247 [10]2 years ago
3 0

Answer:

hola nose puede en español

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Volga Co. included a foreign subsidiary in its Year 6 consolidated financial statements. The subsidiary was acquired in Year 4 a
Katen [24]

Answer:

By retrospective application to the financial statements of all prior periods presented.

Explanation:

From the question we are informed about Volga Co. who included a foreign subsidiary in its Year 6 consolidated financial statements. The subsidiary was acquired in Year 4 and was excluded from previous consolidations. The change was caused by the elimination of foreign currency controls. Including the subsidiary in the Year 6 consolidated financial statements results in an accounting change that should be reported By retrospective application to the financial statements of all prior periods presented.

Consolidated financial statements can be regarded as financial statements of a particular group whereby equity, assets as well as liabilities and cash flows and expenses of the parent company as well as its subsidiaries are been presented in a way of single economic entity. In others words Consolidated financial statements can as well be regarded as financial statements of an organization having multiple divisions or multiple subsidiaries. Some firms often use the consolidated as regards financial statement reporting to describe aggregated reporting of business collectively.

3 0
2 years ago
Luxere Hotels International, an American company, sells the rights to other hospitality companies globally to open hotels with t
Ivahew [28]

Answer:

a. franchising

Explanation:

A franchise involves a franchisor selling rights to their logo, name, and model to a third party called franchisee. The franchisee performs business for the franchisor and an agreed amount is paid.

Luxere Hotels International is engaging in franchising by selling rights to other hospitality companies globally to open hotels with the Luxere name for a fee and a share of the profit.

5 0
3 years ago
When the economy experiences an expansion, it is most likely the case that
Degger [83]

Answer:

there is a bigger money pool and became popular

8 0
2 years ago
Read 2 more answers
Serious economic problems in Rome included all of the following except a. low taxes c. inflation b. scarce food d. unemployment
scoundrel [369]

Answer:

not sure but the answer many be c and b

Explanation:

6 0
2 years ago
Read 2 more answers
Robert G. Flanders Jr., the state-appointed receiver for Central Falls, RI, said his city's declaration of bankruptcy had proved
valentinak56 [21]

Answer:

False

Explanation:

Missing question: <em>The ability to declare bankruptcy increased the disagreement value of the city during negotiation with the unions</em>

Alternatives available to an agreement determine the terms of an agreement. If bankruptcy is been declared in a situation where the cities can manipulate  and evade much of their pension obligations owed to unions, such scenarios gives the city a much better alternative, if the favorable agreement with the city's unions and retirees emerge.

7 0
3 years ago
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