What Is Consolidated Revenue?
Answer:
A company which has invested in some other company and gets a considerable revenue from the company, considers the other company as the consolidated company or a subsidiary. When the financial statements are prepared next the company has to mention the income generated from the other company in the consolidated income statement. These companies present two kind of financial statements. In the first the financial results of the company are given without adding the revenues and expenses of its subsidiaries. Consolidated statements are also presented by the companies in which they show adjectives of the revenues collected from the subsidiaries. Therefore, consolidated revenue is the revenue of the company plus the revenue obtained from the subsidiaries.
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