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Re: CarlosII post# 31543

Saturday, 07/11/2015 6:14:10 PM

Saturday, July 11, 2015 6:14:10 PM

Post# of 39713
BBRD: believe this nails the question: 'The parent produces a consolidated financial statement that combines all the information from the subsidiaries. Because the subsidiary companies don’t issue their own financial statements, no transfer of revenue from subsidiary to parent appears on the consolidated financial statement.'

When transfer (fins) are made available n BBRD includes, it should be $$$GangBusters$$$

http://smallbusiness.chron.com/subsidiaries-pay-revenue-parent-companies-77547.html

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