Indicate the effect of each item on the ratios given below in the following manner: if an item would cause an increase in the ratio,place a check in the + column; if a decrease,place a check in - column; and if no change,check the 0 column.Each item is independent of the others.
Definitions:
Net Loss
This occurs when a company's expenses exceed its revenues during a specific reporting period, resulting in a negative profit.
Net Income
The remainder of a company's revenue after deducting all expenditures and taxes, known as net profit.
Consolidated Financial Statements
Consolidated Financial Statements present the financial position and performance of a parent company and its subsidiaries as a single entity, merging their individual statements into one comprehensive document.
Subsidiary
A company that is completely or partially owned and controlled by another company, known as the parent company.
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