A new employee has been given responsibility for preparing the consolidated financial statements of Sample Company. After having attempted to work alone for some time, the employee is seeking assistance to gain an overall understanding of the ways in which the consolidation process works. You have been asked to provide assistance in explaining the consolidation process. Describe how you would frame your comments, accounting for each of the following questions:

1. Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?
2. How is the beginning-of-period noncontrolling interest balance determined?
3. How is the end-of-period noncontrolling interest balance determined?
4. Which of the subsidiary’s account balances must always be eliminated?
5. Which of the parent company’s account balances must always be eliminated?

 

Can you help me understand this Algebra question?

Module 4 Discussion

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Directions

• Please read other students response after you reply your own.
• You can reply again your post (one more time) within due date if you feel you need to correct your answer.
• You won’t get credit if your first response is irrelevant to the questions. If you reply it again, please mention a reason why do you need to reply it again.

Questions

Watch the Video (Links to an external site.) (Flash) to answer following questions. Please listen carefully.

2 points for each question.

1. What are the order of transformations for a function that involve multiple transformations? Write your answer in order (Step 2)?

2. To graph, which transformation is used (Step 3)?

3. What is the shrinking factor by which the previous graph is shrunk by (Step 4)?

4. Which transformation is used in Step 5?

5. Which transformation is used in Step 6?