I’m pretty sure that it is A. Cost of Goods Sold!
The correct question is:
An investee company incurs an extraordinary loss during the period. The investor appropriately applies the equity method. Which of the following statements is true?
A. Under the equity method, the investor only recognizes its share of investee's income from continuing operations.
B. The loss would be ignored but shown in the investor's notes to the financial statements.
C. The extraordinary loss should increase equity in investee income.
D. The extraordinary loss would not appear on the income statement but would be a component of comprehensive income.
E. The extraordinary loss would reduce the value of the investment.
Answer:
The extraordinary loss would reduce the value of the investment.
Explanation:
An extraordinary loss occurs because of an activity that does not frequently occur and is usually one-off. Outside usual activities of the business.
It is not expected to reoccur, and is reported in the income statement below income.
For example loss of stock of goods to fire outbreak, flood, or earthquake.
The value of investment is negatively impacted by extraordinary loss. It reduces Earnings per Share (EPS).
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Hope that helps.</span>
Answer:
Here are some of the Discretionary Benefits I will eliminate alongside my rationale:
1. Utility subscriptions: Employees that enjoy this benefit will take a break. The reason is to channel the funds in supporting company's growth.
2. Sick leave: I will eliminate this benefit because if I have a health insurance policy on ground, the sick leave benefit is optional. Therefore, it's monetary value will be inculcated into the health insurance policy.
3. Funeral expenses: I will rather organize a team of few employees to represent the organization in any case of funeral ceremony. A representation of the company will give the individual a sense of belonging.
4. Vacations: I will not totally eliminate vacations but I will rather focus on vacations that will also help promote the progress of the organization.
5. Earned leave: This will be difficult to eliminate and it will be the least I know look at.
Employees deserve their earned leave in every organization.
The demographic composition will slightly be affected because the discretionary benefits give the employees motivation to work and when such benefits are absent, it may likely affect workforce.
The stock market provides a larger return if you know what you are doing and have a proper plan. Real estate can offer steady results but you might not receive the necessary return fast enough in order to cope with inflation