answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
NeX [460]
2 years ago
15

When Dollar General buys more than 50% of the stock of another company, Dollar General is called the parent of that company, and

the company whose stock has been purchased is known as a subsidiary of Dollar General. All of Dollar General's subsidiaries are wholly owned (100%) by Dollar General. What is meant by the term "consolidated," as in the "Consolidated Statements of Income," "Consolidated Balance Sheets," etc.? (You may have to do a little research to answer this question).
Business
1 answer:
sammy [17]2 years ago
7 0

Answer:

Dollar General

Consolidated means that the financial statements of the parents have been combined with the financial statements of its subsidiaries so that the combined entities are presenting a single set of financial statements, as if they were one entity, which they are in the group sense.

Explanation:

For example, the income statement of Dollar General will be combined or consolidated with the income statement of one or all of its subsidiaries so that the investor has a view of the consolidated net income of the group.  To achieve this, some transactions that were done with inter-group companies will be eliminated, especially when the transactions have not been completed with entities outside the group.  For example, inventories bought from one company by another in the group, which have not been sold to the outside of the group will be eliminated so that the group does not assume to have made profits from itself.

You might be interested in
Interactive marketing often makes use of ____ (A) human-to-human mediated online "chat room" communication prior to the purchase
gayaneshka [121]

Answer:

E is the correct option

Explanation:

Interactive marketing is one to one marketing practice which caters to individual customers. It involves marketing initiatives triggered by customer preference and behavior. It is different from the traditional methods which were campaign based. The customer-centric strategy and interactive marketing involve reacting to customer actions and by fulfilling their expectations. Different characteristics of interactive marketing are Storytelling, Layered information, Two-way interaction, etc.

5 0
2 years ago
The tax liability of a corporation with ordinary income of $105,000 is ________. Range of taxable income - Marginal rate $0 to $
zhannawk [14.2K]

Answer:

$24,199.02

Explanation:

corporation's ordinary income = $105,000

tax brackets              taxable income       tax rate          taxed due

$0 - $50,000                 $50,000                 15%           $7,500.00

$50,001 - $75,000        $24,999                 25%           $6,249.75‬

$75,001 - $100,000       $24,999                 34%           $8,499.66

$100,001 - $105,000        $4,999                 39%           $1,949.61

total taxes due                                                                $24,199.02

6 0
2 years ago
The government of a country must make a decision between increasing military spending and subsidizing wheat farmers. this kind o
ollegr [7]
The decision that must the government of a country make and choose between increasing military spending and subsidizing wheat farmers is an example of <span>a guns or butter issue.
</span>The phrase "guns or butter" refers and explains the relationship between two goods that are important for a nation's economic growth. I<span>ncreasing military spending and subsidizing wheat farmers are both important.</span>
5 0
2 years ago
Read 2 more answers
What do individual shareholders gain when they buy shares of a company’s stock?
sveticcg [70]
When an individual buy shares of a company's stock, They Gain partial ownerships in the corporation (option A)

If the individual buy 10 % of the total stocks, it means that individual own 10% of the company. If his ownerships goes above 50 % , he became a majority owner and basically can make all the decision in the company
7 0
2 years ago
Read 2 more answers
Suppose Luther Industries is considering divesting one of its product lines. The product line is expected to generate free cash
erik [133]

Answer:

$61,127,596

Explanation:

formula for the value of operations =

[Free Cash Flows (1 + growth rate)] / (WACC - growth rate)

where

We have D/E = 2 or D=2*E  (debt-equity ratio)

Tax = T=35%,

Ks=10%,

Kd =7%

Kd*(1-T) = 7%*(1-35%) = 4.55%

WACC = Kd*(1-T)*(D/(D+E)) + Ks*(E/(D+E))

WACC = 4.55%*(2E/3E) + 10%*(E/3E)

WACC = 4.55%*(2/3) + 10%*(1/3)

WACC = 6.37%

Value of Ops = 2000000*(1+3%)/(6.37%-3%)

Value of Ops = $61,127,596

to be profitable it must receive for the product line $61,127,596

6 0
2 years ago
Other questions:
  • Andrews Corp. ended the year carrying $100,338,000 worth of inventory. Had they sold their entire inventory at their current pri
    12·1 answer
  • Piper owns a vacation cabin in the Tennessee mountains. Without consider-ing the cabin, she has gross income of $65,000. During
    12·1 answer
  • Maynard Enterprises paid $1,328 in dividends and $969 in interest over the past year. The common stock account increased by $1,2
    5·1 answer
  • On March 1, Job 10 had a beginning balance of $500. During March, direct materials of $800 and direct labor of $300 were added t
    10·1 answer
  • A company that is at a disadvantage in the marketplace because it lacks competitively valuable resources possessed by rivals Mul
    10·1 answer
  • In 2010, a particular Japanese imported automobile sold for 1,476,000 yen or $8,200. If the car still sells for the same amount
    6·1 answer
  • Allison's is expected to have annual free cash flow of $62,000, $65,400, and $68,900 for the next three years, respectively. Aft
    12·1 answer
  • You are preparing to proof a recommendation report for the executive team. Your HR team has worked on this report for several mo
    15·1 answer
  • The Talbot Corporation makes wheels that it uses in the production of bicycles. Talbot's costs to produce 100,000 wheels annuall
    5·1 answer
  • Christie temporarily lends her car to her friend, Matt. Subsequently, Matt is involved in an accident while driving Christie’s c
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!