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Alekssandra [29.7K]
3 years ago
8

Marigold Inc. disposes of an unprofitable segment of its business. The operation of the segment suffered a $192000 loss in the y

ear of disposal. The loss on disposal of the segment was $99000. If the tax rate is 30%, and income before income taxes was $1630000.
a. the income tax expense on the income before discontinued operations is $378300.
b. the income from continuing operations is $1141000.
c. net income is $1339000.
d. the losses from discontinued operations are reported net of income taxes at $291000.
Business
1 answer:
Furkat [3]3 years ago
5 0

Answer:

The correct option is b. The income from continuing operations is $1141000.

Explanation:

Based on the information given we were told that the tax rate is 30% while the income before income taxes was $1,630,000 which means that the The income from continuing operations is $1141000 calculated as:

Income from continuing operations=[$1,630,000-(30%*$1,630,000)]

Income from continuing operations=$1,630,000-$489,000

Income from continuing operations=$1,141,000

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C. Sell a product similar to that sold in the home country, but include minor adaptations.

Explanation:

Selling the regular menu along with dishes from the host country is an example of the strategy of selling a product similar to that sold in the home country, but include minor adaptations. This is an strategy that companies tend to use when going to other markets, because there are differences among them that include customs and culture, that can affect the way in which a product is perceived by people. In the food sector, these differences have a big impact as the food people eat in each country can be very different. So, when entering a new market, offering the regular menu the company has with dishes that are native to the home country can help to succeed in that specific market.

5 0
3 years ago
During a​ year, a​ firm's gross investment is ​$2 comma 000 and net investment is ​$1 comma 600. What is the​ firm's depreciatio
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Answer:

Option (D) is correct.

Explanation:

Given that,

During a​ year,

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Firm's depreciation = ?

Therefore,

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$2,000 = $1,600 + Depreciation

$2,000 - $1,600 = Depreciation

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6 0
3 years ago
Career question easy below
Sever21 [200]

Answer:

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8 0
2 years ago
A company has a cost of debt (before tax) of 5.5% and a cost of equity of 12.8%. In addition, the company has a target capital s
alexira [117]

Answer:

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I hope my answer helps you

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3 years ago
________ involves creating a video, e-mail, mobile message, advertisement, or other marketing event that is so infectious that c
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The means that involves creating a video, email, mobile message, advertisement, or another marketing event that is so infectious that customers will seek it out or pass it along to their friends is Viral Marketing.

<h3>What do you mean by marketing?</h3>

Marketing refers to the activities undertaken by a company for promoting the buying or selling of a product.

Viral marketing refers to spreading information about any product or service from person to person by word of mouth or sharing via the internet or email.

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Learn more about Marketing here:

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