InfoMatrix Ltd provided the following earnings information for its consolidated operations InfoMatrix Ltd's financial report includes net incomes of 150,000 for the parent company, 60,000 for Subsidiary A, and 80,000 for Subsidiary B Requirements Compile a consolidated income statement for InfoMatrix Ltd for the year ended 31 December 2021 Calculate the percentage contribution of each subsidiary to the total consolidated net income Evaluate the overall financial performance of InfoMatrix Ltd based on the consolidated earnings

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InfoMatrix Ltd provided the following earnings information for its consolidated operations: InfoMatrix Ltd's financial report includes net incomes of 150,000 for the parent company, 60,000

InfoMatrix Ltd provided the following earnings information for its consolidated operations:

InfoMatrix Ltd's financial report includes net incomes of £150,000 for the parent company, £60,000 for Subsidiary A, and £80,000 for Subsidiary B.

Requirements:

Compile a consolidated income statement for InfoMatrix Ltd for the year ended 31 December 2021.
Calculate the percentage contribution of each subsidiary to the total consolidated net income.

Evaluate the overall financial performance of InfoMatrix Ltd based on the consolidated earnings.

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