1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhuklara [117]
3 years ago
14

If a company abandons a segment of its operation, the loss would be reported on the a.income statement immediately after cost of

goods sold. b.income statement just before income from continuing operations. c.balance sheet in the current assets section. d.income statement immediately after income from continuing operations.
Business
1 answer:
kvv77 [185]3 years ago
7 0

Answer:

d.income statement immediately after income from continuing operations.

Explanation:

We should look at what the accounting principles and normatives threatment suggest.

As the firm should firm indicate the resulf the going business the discontinued operation should be disclosure separately from it. Thus, once complete the disclosure of the continued operation the firm should post the loss on this discontinued operation

You might be interested in
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed
Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

  • Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
  • A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

P=F_{P} (i)/1-(1+i)^{-1}

Plug all the values in the above formula:

P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

To learn more about monthly payment, refer

brainly.com/question/2151013

#SPJ4

4 0
1 year ago
The link between labor costs in china and the price of mp3 music players in the u.s. is an example of ________.
valina [46]

the example is Globalization

3 0
3 years ago
Read 2 more answers
Summarize the effect of credit card interest on the real cost of items.
JulijaS [17]

Answer with its Explanation:

The result is that some of the credit cards pays interests on the cash surplus and charges interests on the cash deficit. If the interest rate is higher then the interest on the real cost of items that are finance with the negative balance will be charged interest on the higher interest rate because the interest rate is higher. If the interest rate is lower then the effect of credit card interest rate would be higher on the real cost of items.

3 0
3 years ago
Why might increasing taxes increasing taxes as a fiscal policy be a more difficult policy than the use of monetary policy to slo
Ratling [72]

Answer:

The legislative process experiences longer delays than monetary policy.

Explanation:

6 0
3 years ago
One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line
aev [14]

One current consumer trend is consumers who allow others to borrow a good or service for a small fee, usually done on an on-line platform. this is referred to as Sharing Economy.

The sharing economy is an economic model defined as peer-to-peer (P2P)-based activities of obtaining, providing, or sharing access to goods and services, often facilitated through online community-based platforms.

Under capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of a company that employs people to manufacture the products it sells to consumers.

Learn more about Sharing Economy here: brainly.com/question/28050979

#SPJ4

6 0
2 years ago
Other questions:
  • The table below shows some hypothetical data on the costs associated with the use of a liter of gasoline in a European country.
    13·1 answer
  • A dealer bought an item for $7, sold it for $8, bought it back for $9, and sold it for $10. how much profit did she make?
    8·1 answer
  • One example of price discrimination occurs in the publishing industry when a publisher initially releases an expensive hardcover
    8·1 answer
  • A corporation’s articles of incorporation can be changed relatively easily. True False
    5·1 answer
  • Mrs. Patterson is a new enrollee in the HealthBest Medicare Advantage (MA-PD) plan. She is new to this type of coverage and asks
    13·1 answer
  • A city assesses property owners $50 million to extend sewer lines to their neighborhood. By year-end, however, it has not begun
    12·1 answer
  • How did the pressure change from when it was your turn to be a leader, than when you were just a supporting member? (Take your t
    8·1 answer
  • THE IMPORTANCE OF INFORMATION IN MARKETING
    7·2 answers
  • Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no b
    11·1 answer
  • What are your thoughts about starting out too large to maintain stability, as opposed to
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!