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11 months ago

Where should a company undergoing reorganization report the gains and losses resulting from the reorganization?

1 answer:

7 0

A company undergoing reorganization report the gains and losses resulting from the reorganization On the income statement, separate from other gains and losses.

An income statement is a financial statement that suggests you the agency's income and expenditures. It also indicates whether a company is making income or loss for a given length. The income announcement, along with balance sheet and coins flow declaration, enables you apprehend the monetary health of your commercial enterprise.

What is income statement formula?

The simple components for an income statement is sales – expenses = net income. This simple equation shows whether or not the business enterprise is worthwhile. If revenues are more than charges, the business is worthwhile.

Why is income statement prepared?

The cause of the income statement is to show the reader how a great deal profit or loss an organization generated at some point of a reporting length.

What is the main elements of income statement?

The income statement offers sales, costs, and net earnings. The additives of the earnings statement consist of: sales; value of income; income, fashionable, and administrative charges; other operating prices; non-working income and fees; profits and losses; non-habitual objects; internet profits; and EPS.

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Restaurant Brands International Inc. (RBI) describes itself as follows in its first Restaurant footnote: "We franchise and opera

Tasya [4]

Answer and Explanation:

Data provided

Depreciation = $185 million

The Journal entry is shown below:-

Depreciation expense $185 million

To Accumulated depreciation $185 million

(Being depreciation expenses is recorded)

Here we debited depreciation expense as expenses are increasing whereas we credited the accumulated depreciation as the assets decreasing.

5 0

2 years ago

The derived demand for an input will rise when it is highly productive in ______. Multiple select question. increasing the costs

Step2247 [10]

Answer:

Tt is highly productive in reducing the costs to produce a product.

it is highly productive in producing a highly valued commodity.

Explanation:

A product has derived demand If its demand is dependent on the demand for other products.

For example, there would be no need to demand for labour if no one demands for goods.

The derived demand for a good will increase if it reduces the price of the product and if it is important in the production of a good

4 0

2 years ago

what is a highly coordinated activity that delivers goods and/or services when they are needed? multiple choice just-in-time pro

Julli [10]

Just-in-time production is a highly coordinated activity that delivers goods or services when they are needed.

Just-in-time management is a philosophy, not a method. If the "customer" is the eventual consumer of the product or a process further along the production line, the term originally referred to the manufacturing of goods to precisely fulfill customer demand in time, quality, and quantity.

By minimising the time and resources needed for production operations, JIT increases productivity. More rapid product production is possible thanks to manufacturers.

This simplified strategy can save costs and boost productivity while things are going as usual, but it is vulnerable to changes in supply and demand. JIT production can make manufacturers unable to meet demand when global supply networks are interrupted for a variety of reasons, deepening an economic downturn.

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6 0

5 months ago

Kim thinks that she is going to love working for her new company, as it is very informal with a lot of cross-functional teams wi

alisha [4.7K]

Answer:

Organic

Explanation:

An organic structure in a company has an extremely flat reporting structure. Employees tend to interact among themselves and not along different management levels or direct reports.

This structure affects decision making which is more by consensus. Decision does not lie with a single manager.

In the given scenario the organisation where Kim wants to work is very informal with a lot of cross-functional teams with members from different departments.

This is an organic organisation structure

7 0

2 years ago

When the price of gasoline decreses, brad buys more gasoline and more of all other goods. this information describes:_____.

marshall27 [118]

When the price of gasoline decreases, brad buys more gasoline and more of all other goods. this information describes the real income effect of a price decrease.

The profits impact describes how the alternate in the charge of an awesome can change the quantity that purchasers will demand of that accurate and associated item, primarily based on how the fee change impacts their real income.

the cash earned with the aid of someone, company, authorities, etc. Over a particular period of time that is calculated through thinking of the impact of inflation on what can surely be sold with that cash: In common, an individual worker is increasing his or her real income by using much less than 1% at the present time.

A boom in real incomes will reason the call for items/offerings to boom (the extent to which relies upon the marginal propensity to eat). however, as the majority of united kingdom goods are imported, growth in the call for goods will increase the demand for imports.

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3 0

1 year ago