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
lapo4ka [179]
3 years ago
9

The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its str

ategic focus, the company sold the automobile parts division. The division qualifies as a component of the entity according to GAAP. How should Claxton report the sale in its 2016 income statement?
a. Report the income or loss from operations of the division in discontinued operations.
b. Report it as a discontinued operation.
c. Report it as restructuring costs.
d. Report it as a gain on sale of investments included in income from continuing operations.
Business
1 answer:
Kryger [21]3 years ago
8 0

Answer:

B. Report it as a discontinued operation.

You might be interested in
In the argument for why perfect competition is allocatively efficient, the price that people are willing to pay represents the g
Alina [70]

Answer:

There are some indirect social costs that are included in marginal cost of firms. such as climate change due to green house gas emission, pollution, systemic risk (risk that banking system takes). These costs impose negative effect on economy and are not directly borne by consumer or producer.  

There are some indirect social gains that are not included in price paid for good, such as driving an electric vehicle, improved education, fire proof homes, construction and operations of public goods like parks, street lights. These benefits impose positive effect on economy and are n directly borne by consumer or producer.  

4 0
3 years ago
Read 2 more answers
Neal joins Filestene Inc. as an executive designer. The HR manager informs him that he will have to join the labor union within
Gnesinka [82]

Answer: (E) Union shop

Explanation:

 The union shop arrangement is refers to the process in which we require the number of workers for join and also participate in the specific union and it is also called as the post entry or the closed shop.

The workers or the union representatives also providing the various types of benefits in the specific time period. Depending on the different protection level the trade unions are varying nation to nations.

According to the given question, the Neal's human resource manager is basically referring to the union ship that is related to the union membership.    

Therefore, Option (E) is correct answer.  

7 0
3 years ago
Can someone please explain what grassroots are in easy terms? I have tried to find a definition that I understand but I can't fi
liberstina [14]
It’s marketing started from the ground up. You target a small group of people instead of launching to many people and hope that the smaller group will spread it to other people. Hope this helps.
3 0
4 years ago
On October 1, 2009, the Nintendo Wii's Japanese price dropped from ¥25,000 to ¥20,000. In the three months after the price drop,
kykrilka [37]

Answer:

B) 0.7; inelastic

Explanation:

The computation of the absolute value of the price elasticity of demand is shown below:

Elasticity is

= [(Sales - prior sales) ÷ ( Sales + prior sales) ÷ 2] ÷ [(price - dropped price) ÷ (price - dropped price) ÷ 2

= [(1,040,000 - 890,000) ÷ (1,040,000 + 890,000) ÷ 2] ÷ [(25,000 - 20,000) ÷ (25,000 + 20,000) ÷ 2]

= (150,000 ÷ 965,000) ÷ (5,000 ÷ 22,500)

= 0.15 ÷ 0.22

= 0.7

It is less than one so the demand is inelastic

4 0
3 years ago
a client undergoes personalility changes and has difficulty with voluntary activities. the client is diagnosed with a brain tumo
Shalnov [3]

Answer:

3. Frontal Lobe

Explanation:

Based on the information provided within the question it can be said that in this scenario the client is diagnosed with brain tumor which the nurse indicates as being located in the Frontal Lobe. The nurse knows this immediately due to the fact that the Frontal Lobe is the part of the brain that concerns personality, behavior, emotions, and intellectual function. Since the client has undergone personality changes then it can be deduced that the tumor is located in the Frontal Lobe.

7 0
3 years ago
Other questions:
  • Identify the four major requirements necessary for a free-market system to operate.
    14·1 answer
  • The five basic characteristics of a quality marketing objective is that be
    7·1 answer
  • Anupam's company manufactures industrial ladders. He is concerned that consumerswho do not understand ladder safety will purchas
    7·1 answer
  • Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to deter
    10·1 answer
  • Cost of goods manufactured $68,250 Direct materials used 27,000 Direct labor incurred 25,000 Work in process inventory, January
    7·1 answer
  • ​Long-run growth in GDP is determined by A. labor​ productivity, capital, and government expenditures. B. ​consumption, investme
    9·1 answer
  • Henri Fayol and his14-principles of management, was a major contributor to which of the following classical approaches: Group of
    8·1 answer
  • Danner Company expects to have a cash balance of $51,300 on January 1, 2020. Relevant monthly budget data for the first 2 months
    10·1 answer
  • the true statement from the list below, regarding the Contribution Format Income statement. Multiple Choice The Contribution For
    10·1 answer
  • What activities can Future Educators Association members participate in? Select two options. Sporting events political rallies c
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!