Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent

Question:

Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent and consolidated net income?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

See More Books

Question Posted: Oct 17, 2011 05:03 AM

See More Questions

In a typical gene consisting of 1000 base pairs with the same relative GC (60%) versus AT (40%) content, what is the total bond energy of all the hydrogen bonds? Express your answer as an integer.
Explain the differences between manufacturing overhead, upstream and downstream costs, and the indirect costs of responsibility centres.
The comparative consolidated income statements of a parent and its 75%-owned subsidiary were prepared incorrectly as at December 31 and are shown in the following table. The following items were...
Debug the given C program to read and print N array elements. Find 10 errors in the given Code and correct the errors. (5Marks) NOTE: Copy and PASTE the correct program in the space below. /*Arrays...
Data Management, Inc., provided the following information at December 31, year 1. Marketable Securities The company invested $75,000 in a portfolio of marketable securities on December 9, year 1. The...
You have $1,000 invested into a portfolio that consists of three stocks. You invested $200 in Stock A, which has a beta of 1.2. You invested $500 in stock B, which has a beta of 0.9. You invested the...
Consider the multiple regression model fit to the gasoline mileage data in Problem 3.5. Problem 3.5 Consider the gasoline mileage data in Table B.3. a. Construct a normal probability plot of the...
Ren Levin wishes to determine the future value at the end of 2 years of a $15,000 deposit made today into an account paying a nominal annual rate of 12%. a. Find the future value of Rens deposit,...
dy 1. 2. For each differential equation, find the particular solution that passes through the given point. 3 sin(2x); (,-1) (0.3) 3. = +1 and y'(5)=-1 and y(5)=-
The Bowerman Warehouse Corporation (BWC) is organized in Oregon and operates 15 retail and grocery stores in several of the western United States. BWC is owned by a small group of private equity...
What effect does the elimination of intercompany accounts receivable and accounts payable have on consolidated working capital?
Would failure to eliminate unrealized profit in inventories at December 31, 2011, have any effect on consolidated net income in 2012? 2013?
Determine which of the following probability experiments represents a binomial experiment. If the probability experiment is not a binomial experiment, state why. A random sample of 15 college seniors...
i) ii) x (t) A 3A 4 0 x(t) + x (t) = 2.4+0.8 sin (200nt) + 0.3 sin(400nt +60) + cos(600nt) T 5T 3T 28 4 T C = 9.95 nF HE R = 20k Figure 2: Filter with impulse response h(t) + y(t) Question 2 -...
1. Write the following using summation convention: (a) (x) + (x) + (x) (b) (x) + (x) + (x) + (c) af dx' af dx dx dt + df dr dx dt EXERCISE 49.1 +..... + af dx" dx" dt Mathematical Physics Ans. A = ' ...
7) The term allotropy is normally reserved for this behavior in pure elements /compounds, while the term polymorphism is used for elements/compounds. 8) As the extent of undercooling decreases/...
The graph of a function is given. Use the graph to estimate the following. (Enter your answers using interval notation.) 4 (a) The domain and range of f domain
46 84.8 K/s 8 (29/244) EB... token: One of the basic elements of the syntactic structure of a program, analogous to a word in a natural language. syntax: The rules that govern the structure of a...
For a three-bus power system, assume bus 1 is the slack with a per unit voltage of 1.0 0 1.0 0 , bus 2 is a PQ bus with a per unit load of $2.0+j 0.5 $, and bus 3 is a PV bus with 1.0 per unit...
Doorharmony Company makes doorbells. It has a weighted- average cost of capital of 5% and total assets of $ 5,900,000. Doorharmony has current liabilities of $ 750,000. Its operating income for the...
Use the Comparison Test to determine whether the improper integral converges or diverges. 00 S e- dx ex
1. Internal service funds are reported: a. With governmental funds on the fund financial statements b. With governmental funds on the government-wide statement of net assets c. With proprietary funds...
1. The billings for transportation services provided to other governmental units are recorded by the internal service fund as: a. Interfund exchanges b. Intergovernmental transfers c. Transportation...
1. Charges for services are a major source of revenue for: a. A debt service fund b. A trust fund c. An enterprise fund d. A capital projects fund 2. A city provides initial financing for its...
Ron owns 6 % of USAco, a U . S . corporation. Ron is a nonresident alien. USAco pays Ron a $ 1 , 2 0 0 dividend during the current year. Ron also purchases an unassignable bond issued by USAco, and...
Sweeten Company had no jobs in progress at the beginning of the year and no beginning inventories. It started, completed, and sold only two jobs during the year-Job P and Job Q. The company uses a...
Dora Johari started her transport business on 1 July 2015. She purchased the following vehicles on the same day: Pickup at Sh.4,500,000. Lorry at Sh.6,000,000. Lorry at Sh.15,000,000. KZ 414A KB...

Explain the designations upstream sales and downstream sales. Of what significance are these designations in computing parent

Question:

Step by Step Answer:

Upstream sales are sales from subsidiary to parent Dow...View the full answer

Advanced Accounting

Students also viewed these Accounting questions