A major issue faced by people
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A major issue faced by people

Why isn’t the total operating profit of all reportable segments normally equal to the consolidated operating profit?

A major issue faced by people who are starting their own business is the form of organization they should select. What are some major characteristics of a partnership that might influence their decision?

Hint
Accounts & FinanceConsolidated operating profit refers to the profit realized by a company before amortization expense and depreciation. Therefore, to calculate the consolidated operating profit the consolidated operating expenses are subtracted from the consolidated gross profit of a company and its restricted subsidiaries. Notably, the amount is calculated on a consolidated basis....

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