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).
The name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead is called:
According to the given question, we are asked to state the name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead.
As a result of this, we can see that upselling is a phenomenon where the salesperson tries to get the customer to purchase a more expensive item, <em>instead of the product </em>which was advertised at a greatly reduced price.
Read more about upselling here:
brainly.com/question/7067313
Answer:
Inventory= $5,040
Explanation:
Giving the following information:
March 1, 2021, inventory: 1,000 gallons @ $7.20 per gallon = $7,200
Purchases:
Mar. 10 600 gals @ $ 7.25
Mar. 16 800 gals @ $ 7.30
Mar. 23 600 gals @ $ 7.35
Sales:
Mar. 5 400 gals
Mar. 14 700 gals
Mar. 20 500 gals
Mar. 26 700 gals
Total units= 3,000
Total sales= 2,300
Ending inventory= 700 units
LIFO (last-in, first-out)
Inventory= 700*7.20= $5,040
Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by:
a. an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
b. high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.
c. Intense competition from industry leaders in the niche or focused segment.
d. a target market niche that is too small to be profitable and offers low growth potential.
e. few, if any, rivals are attempting to specialize in the same target segment.
<u>Explanation</u>:
Since the question was incomplete before, we find the answer by matching it to the question;
In Market circumstances that make a <u>focused low-cost or focused differentiation strategy</u> attractive are characterized by An industry that has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
Answer:
Job #1
Explanation:
Job#1
$40,050/year
Creative projects
Open space instead of offices
Coworkers are loud and often laughing
Job #1 would be a perfect fix for Mercedes as she prefers the job with at least $40,000 and she wants to work in the enviroment with little supervision. According to Mercede's requirements, Job #1 suits Mercedes as it has creative projects, open space instead of cabins or cubicles, and an environment she always wanted.