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4 years ago

Selling to another company the right to make and market a product line is called _____ the line.

Business

2 answers:

iren [92.7K]4 years ago

6 0

Answer:

A. Spinning Off

Explanation:

Spinning off is also known as spin out or starburst, it is a type of corporate action where a company "Splits off" a section as a separate business.

katrin2010 [14]4 years ago

3 0

Answer:

A. spinning off

Explanation:

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At December 31, 2019, Bramble Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,506

ale4655 [162]

Answer:

The earnings per share for Bramble in 2020 is $2.99

Explanation:

This was arrived at by preparing income statement for 2020,where in the results from continued operations and discontinued were shown.

The income from continued operations attracted tax at 35% while the losses from the discontinued operations got a tax benefit at the same 35% tax rate.

Note that the earnings used in calculating earnings per share is net of preferred dividends as only earnings attributable to ordinary shareholders are considered.

Find attached spreadsheet for the full blown income statement and the calculation of earnings per share.

Download xlsx

5 0

3 years ago

The best way to find out if a particular business is a good fit for you is to A. "shadow" an owner for several days to see what'

Ugo [173]

The best optionto find out if a business is a good fit for you is to Shadow an owner for several days 1. is the correct choice

6 0

3 years ago

Read 2 more answers

Partners, LLC members and S Corporation shareholders are not taxed on the amount they withdraw from the entity in a nonliquidati

kati45 [8]

Answer:

Partners: True

LLC: True

S Corporation: False

Explanation:

When dividends are withdrawn from a business tax is only due on a S Corporation because the tax paid for the profits of an organization is not by the stockholder withdrawing the dividends which is why when dividend is withdrawn the tax is to be paid.

When dividends are withdrawn in a partnership or and LLC then no tax is payable as tax is already paid on the profits made by the business that is why dividends are not taxable when withdrawn.

7 0

3 years ago

1. Mr. C, a self-employed consultant, uses a room of his home as a business office. This room represents 10 percent of the home’

GaryK [48]

Answer:

Mr. C

Home office deduction for the year is:

= $20,405.50

Explanation:

Qualifying home office expenses:

Home mortgage interest $12,980

Property tax on residence 2,200

Homeowner’s insurance 1,475

Utilities 2,100

Furnace repairs 300

Depreciation on building 185,000

Qualified home expenses $204,055

10% for home office = $20,405.50

b) Mr. C is entitled to deduct home office expenses relating to mortgage interest, insurance, utilities, repairs, and depreciation, including furnace repairs. The deductions for a home office are based on the percentage of Mr. C's home devoted to his business use.

5 0

3 years ago

Which statement explains one way in which the transformation of india’s economy contradicts wallerstein’s world system theory?.

scoundrel [369]

The statement that shows how India contradicts the theory is: Using a development strategy to avoid economic dependency,India develop their own industries and participate fully in the global economy.

<h3>What is the wallerstein’s world system theory?</h3>

This is a theory that teaches that the world system is a social system that is made up of boundaries as well as rules.

According to the theory, there are conflicting forces that hold the system together and also tears it apart.

Read more on wallerstein's theory here: brainly.com/question/22427141

3 0

2 years ago