Research on Kroger Company, explain the corporate structure in terms of consolidation. How is it organized from a consolidated viewpoint?
• Based on research from your chosen company, explain the corporate structure in terms of consolidation. How is it organized from a consolidated viewpoint? What are the reasons for this particular type of organization?
• What are the reasons for this particular type of organization?
• How does the consolidation impact how the accounting information flows into the consolidated financial statement. Describe the process.
• Are there any income tax benefits from consolidating the financial statements for your company? Defend your response.
Cite examples specifically using information from Kroger Company, and cite any references used.