Answer:
Blue Company
Consolidation of Parent & Subsidiary Companies :
1. c. $86,000
2. b. $47,000
3. d. $39,000
Explanation:
In preparing a consolidated income statement, Blue Company with controlling interest of 60% will eliminate intercompany transactions, sales, purchases, inventory, and profits. This is because such transactions are assumed to be within the same consolidated entity.
Only such transactions involving outsiders are taken into consideration for the purpose of determining profits and arriving at the financial position of the consolidated group.
Answer:
The amount of cash collections from customers reported by Alex company for the year ended December 31, 2018 is $4,125,000.
Explanation:
Cash collection refers to the collection of cash from from an individual or a business whom invoice has been issued to. Any invoice unpaid are noted as being outstanding.
Cash collection fomular is therefore;
Cash collection = Sales on account + Cash sales + Decrease in accounts receivable
=$2,100,000 +$1,110,000 + $915,000
=$4,125,000
Answer:
Explanation:
Great question, intermediaries are sometimes necessary since they provide a service in which you might not be able to get the product if their service wasn't provided. That being said we can say that Caesar's claim is not valid in many cases. Intermediaries tend to add an additional cost to a certain product, but like mentioned above they are providing an essential value. In many cases the value they create more than offsets the costs they add. Therefore the validity of Caesar's claim is dependent on the intermediaries provided value.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Among the strategies Sam could use are:
loyalty programs, advertising in different ways and change of location.
Explanation:
Loyalty programs are widely used today, through them the merchant makes sure to obtain customer loyalty to the company.
This program works by rewarding its customers for their purchases, this produces in the customer a sense of loyalty to the trade, thus ensuring a permanent buyer and maintaining the sales margins in the company. In Sam's case, he should reward his regular customers with an incentive, for example, a free drink or a coupon.
Advertising is a tool that has been used since the beginning of companies with the difference that now there are various ways of advertising, for example, Sam could use social media to promote his business and his promotions, he could also use "word of mouth" advertising with their clients to advertise themselves, you can also distribute flyers.
And lastly, Sam may consider that if the other strategies don't work, what he could do is move their business and find a place where he doesn't have competitors.
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<em>I hope this information can help you.</em>
