Answer:
gain from the debt restructuring = $160,000
Explanation:
given data
principal = $600,000
rate = 10%
settlement = $500,000
to find out
gain from the debt restructuring in income statement
solution
we get here owed a total that is
owed a total = Principal + Unpaid interest ...............1
put here value
owed a total = $600,000 + $60,000
owed a total = $660,000
and
gain from the debt restructuring is here as
gain from the debt restructuring = owed a total - settled .......2
gain from the debt restructuring = $660,000 - $500,000
gain from the debt restructuring = $160,000
The Labor Related activity rate is $7.5 per direct labor hours
The Production orders activity rate is $ 90 per order
The Material Receipts is $120 per receipts
The calculation is in tabular form so it is attached with this answer
What is activity rate ?
An activity ratio is a type of financial metric that indicates how efficiently a company is leveraging the assets on its balance sheet, to generate revenues and cash.
management and accounting departments. In other phrases, they're responsible for managing the overall economic front of the enterprise. read extra can use numerous interest ratios to gauge their performance. The maximum popular ratios are stock turnover and general assets turnover.
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Answer:
A.Yes. They have the power to remove it if they believe it’s harmful.
Explanation:
When the government have reasons to believe that a product is potentially harmful to consumers and or buyers, they have the right to require a company to recall a product, if they believe it is harmful to consumers, because it is then the governments responsibility to protect the public.
<span>When one enterprise enters the contract with another company and uses the brand name and other aspects for the purpose of production becomes profitable to the both enterprises and this kind of arrangement is called as a licensing arrangement. This helps the both companies by giving a market base and resources for production and gives the other company have extended market and more investments.</span>