Give a definition of consolidated net income.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
Hence for the final analysis we can say that the consolid...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025877
11th edition
Authors: Theodore E. Christensen, David M. Cottrell, Cassy JH Budd
Question Posted:
Students also viewed these Accounting questions
-
Contrast the consolidated effects of the parent company concept and the economic entity concept in terms of: (a) The treatment of non-controlling interests. (b) The elimination of intercompany...
-
Give a definition of consolidated retained earnings.
-
On January 1, 2015, Ackerman sold equipment to Brannigan (a wholly owned subsidiary) for $200,000 in cash. The equipment had originally cost $180,000 but had a book value of only $110,000 when...
-
1. how transfer pricing can be used to minimize taxes in a multinational corporation. Include a short numerical illustration. 2. wHAT are the arguments for and against the international convergence...
-
Effect of errors on financial statements Consider the following hypothetical information pertaining to Embotelladora Andina S.A. (Embotelladora), the producer and distributor of Coca-Cola products in...
-
Given the band-pass shown in fig 11PFE-4, find the components L and R necessary to provide a resonant frequency of 1000 r/s and a BW of 100 r/s. 10uF
-
Negative public relations can harm an organizations marketing efforts if not dealt with properly. Identify a company that was recently the target of negative public relations. Describe the situation...
-
The average age of engineering students at graduation is a little over 23 years. This means that the working career of most engineers is almost exactly 500 months. How much would an engineer need to...
-
This question has three (3) parts. Part A Tony's Gardening Services reports $30,000 sales revenue for the current year, $10,000 of which was from credit sales and still outstanding at the end of the...
-
A fund manager announces that the fund's one-month 95% VaR is 6% of the size of the portfolio being managed. You have an investment of $100,000 in the fund. How do you interpret the portfolio...
-
How has reliance on legal control as a consolidation criterion led to off-balance sheet financing?
-
When Ajax was preparing its consolidation worksheet, the differential was properly assigned to buildings and equipment. What additional entry generally must be made in the worksheet?
-
Twin Lakes incorporated on April 1, 2015, and was authorized to issue 100,000 shares of $5 par value common stock and 10,000 shares of $8, no-par preferred stock. During the remainder of 2015, the...
-
Review the discussion of power at the beginning of this chapter. Does power serve positive or negative functions for an organization? Discuss your experiences with power.
-
It was noted that many public accounting firms are organizing their client services along industry lines. What are the advantages of such an organizational approach? Why would industry experience,...
-
The Directors of a private limited company of which you are an auditor ask you to fix the value of its equity shares. Discuss the factors you would consider to evaluate the shares.
-
An operational audit performed by an internal auditor is best described as a. An audit of a companys compliance with managements policies and procedures. b. An evaluation of a companys operations to...
-
Mention the circumstances under which an investigation of a company can be ordered by the central government? What should be the procedure of investigation in such a case?
-
Normandy Office Products (NOP) makes two types of office desks, Manager and Executive. The Executive model is adjustable using electric motors and is made with upgraded materials. The manufacturing...
-
Why should you not model a decision variable as a random variable with a probability distribution?
-
Select the correct answer for each of the following questions. 1. Goodwill represents the excess of the sum of the fair value of the (1) Consideration given, (2) Shares already owned, and (3) The...
-
Select the correct answer for each of the following questions. 1. Goodwill represents the excess of the sum of the fair value of the (1) Consideration given, (2) Shares already owned, and (3) The...
-
Select the correct answer for each of the following questions. 1. On December 31, 20X3, Saxe Corporation was merged into Poe Corporation. In the business combination, Poe issued 200,000 shares of its...
-
Fraser Corporation declares a cash dividend to common shareholders. How does this transaction impact the accounting equation: Assets [Select] Liabilities [Select] and, Stockholders' Equity [Select]
-
Insert Design Layout References Mailings A- A- B abe X, X2 Account Titles Cash Accounts receivable Supplies Equipment Vehicles Accumulated depreciation Accounts payable Accrued wages payable Note...
-
Page 65 Q23 The following data show the year to date percent change (YTD % Change) for 30 stock market indexes from around the world.(MarketIndexes) a. What index has the largest positive YTD %...
Study smarter with the SolutionInn App