Answer:
Explanation:
Income from contunuing operations:
Net income 2,500,000
Less: gain from condemnation of land 500,000
Add: loss on discontinued operations 200,000
Income from contunuing operations 2,200,000
Earcnings per common share [(2,200,000-160,000)/100,000]
EPS Income statement
Earcnings per common share $20.40
Less: loss on discontinued operations $2 (200,000/100,000)
Add: gain from condemnation of land $5 (500,000/100,000)
Net income $23.40
lorena considers coffee and tea to be substitutes. therefore, the cross elasticity, also known as cross price elasticity, of demand between coffee and tea for lorena must be:
A positive cross elasticity of demand means that the two goods are substitutes.
What is elasticity of demand?
Demand elasticity, often known as the elasticity of demand, gauges how consumers react to changes in price or income. Due to the fact that the price of a good or service is the most typical economic component used to measure it, it is frequently referred to as price elasticity of demand.
Therefore,
lorena considers coffee and tea to be substitutes. therefore, the cross elasticity, also known as cross price elasticity, of demand between coffee and tea for lorena must be:
A positive cross elasticity of demand means that the two goods are substitutes.
To learn more about elasticity of demand from the given link:
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One posture that places a person at risk for injuries from poor ergonomic practices is slumping, not sitting properly and placement of keyboard, mouse and not maintaining the recommended distance from screen.
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
Answer: Florence is working with a company that uses the transnational strategy.
Explanation:
Definition: A transnational strategy refers to a strategy with planned actions that a company has put in place inorder to start an operation in abroad markets. They function in foreign countries but still keep their core business in one particular location.
This strategy uses the great benefits of operating in different locations which may increase sales. The central office manages the other branches which are spread into other countries.