What Is the Effect of Including Kailey in Consolidated Net

question 72

Multiple Choice

What is the effect of including Kailey in consolidated net income for 2019?

• A) $31,000.
• B) $33,000.
• C) $55,000.
• D) $60,000.
• E) $39,000.

---

Definitions:

Greenfield Investment

Direct investment in new facilities or the expansion of an existing facility in a foreign country, starting from scratch.

Financial Risk

Risk associated with a monetary outlay; includes the initial cost of the purchase, as well as the costs of using the item or service.

Joint Venture

A business undertaking by two or more parties, sharing resources, risks, and profits, but maintaining their distinct identities.

Market-Oriented

A business approach that focuses on identifying and meeting the needs and wants of customers through product innovation and adaptation.