Respuesta :
The consolidated expenses can be determined as follows $1,965,600
Calculating the problem:
Consolidated expenses = Expenses (P) + Expenses (S) + AAP Amortization
= $1,800,000 + $156,000 + $9,600
= $1,965,600
What's consolidated income statement?
A consolidated statement of income reports the charges, profit, and income of a parent company and those of its accessories. In this fiscal statement, the means, arrears, cash overflows, income and equity of a company and its divisions are stated.
What does Consolidated mean in fiscal statements?
Consolidated fiscal statements are fiscal statements of an reality with multiple divisions or accessories. Companies can frequently use the word consolidated approximately in fiscal statement reporting to relate to the added up reporting of their entire business inclusively.
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