Question:

Hello. I am in a program to obtain an MS in Accounting at Southern New Hampshire University. I am taking Accounting 630, Advanced Financial Accounting. Could you help me answer these questions?

II. Consolidations of Financial Statements

A. Based on research from your chosen company, explain thecorporate structure for Krogerin terms of consolidation. How is it organized from a consolidated viewpoint? What are the reasons for this particular type of organization?

B. How does the consolidation impact how the accounting informationflowsinto the consolidated financial statement? Describe the process.

C. Are there anyincome tax benefitsfrom consolidating the financial statements for your company? Defend your response.

Thank you,

Paul Cachia.

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