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3 years ago

If a company reorganizes its operation to gain efficiency, the cost associated with this reorganization is classified as

Business

1 answer:

ivanzaharov [21]3 years ago

8 0

Answer: Restructuring cost

Explanation:

Restructuring cost could be described as making expenses on rejuvenating or reviving or rebranding the company through spendings, which affects most of it's mode of operations, brings a change and innovation and ways to improve existing methods. This is capital intensive due to the work and changes required during the process.

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During year 1 meriwerher construction company started a construction job with a contract price 3,000,000 the job was completed i

nataly862011 [7]

Answer Correct Answer = Option ‘C’ $ 350,000= Gross Profit for Year 2 Working for above answer Working Year 1 end Year 2 End A Contract Price $ 3,000,000

HOPE SO IT HELPS YOU

3 0

2 years ago

Jane and Walt form Yellow Corporation. Jane transfers equipment worth $950,000 (basis of $200,000) and cash of $50,000 to Yellow

Naddika [18.5K]

Answer:

A) Jane recognizes no gain; Walt recognizes a gain of $50,000.

Explanation:

§ 351 allows individuals or businesses tax free transfers to controlled corporations. In other words, Jane and Walt can transfer assets to form Yellow Corporation without recognizing any gain or loss.

Since Walt received some money from this transaction, that must be considered a gain since it is not included under § 351.

4 0

3 years ago

Ideally, capital budgeting analysis should take cash flows into account . Understanding the nature of projects Capital budgeting

andrew11 [14]

Answer:

Replacement project

Explanation:

A Replacement project is a project where to initial investment is disposed of and new investments are made to replace the investments disposed of.

Here the old cars are replaced with new ones. So, it is a replacement project

An expansion project is a project undertaken to increase the capacity or reach of a firm.

8 0

3 years ago

Draiman Guitars is offering 110,000 shares of stock in an IPO by a general cash offer. The offer price is $39 per share and the

Zolol [24]

Answer:

$3,596,800

Explanation:

The computation of net proceeds to the company is shown below:-

Net proceeds = Number of shares of stock × Offer price × (1 - Underwriter spread percent) - Administrative cost

= 110,000 × $39 × (1- 0.08) - $350,000

= 110,000 × $39 × 0.92 - $350,000

= $3,946,800 - $350,000

= $3,596,800

So, for determining the net proceeds we simply applied the above formula.

6 0

3 years ago

How to write a reimbursement cheque in Quickbooks?

Aleks04 [339]

Answer:

Click the Employees tab.

Select the employee name.

In the Pay section, click Edit.

Under Additional pay, select the Reimbursement checkbox. ...

Click Edit and enter a recurring amount or give the pay type a unique name (optional).

Click Save.

Explanation:

Hope that helps!

8 0

3 years ago