The Following Information Was Derived Form the 2011 Consolidated Financial

question 6

Essay

The following information was derived form the 2011 Consolidated Financial statements of X Inc. ,which owns 80% of Y Inc.as well as 40% of Z Inc.:

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Definitions:

Taxes and Fees

Compulsory charges imposed by government entities or regulatory bodies on business transactions, goods, and services.

Government Agency

An organization under the government that is responsible for the specific area of administration or function according to law.

Simple Payback

A financial metric that calculates the time required to recoup the initial investment in a project or asset through cash inflows or savings.

Cash Flow

The total amount of money being transferred into and out of a business, project, or financial product.