Answer:
Be included as a component of income from continuing operations for 20X9
Explanation:
To find out the correct balance of income from continuing operations, we have to add the loss as the loss is added in the income from continuing operations.
Moreover, in this question the golden rule of accounting applies which says:
Debit all losses and expenses and credit all income and gains which apply in the nominal account that record any type of transactions. example - sales account, purchase account, etc.
Answer:
opportunity to reach your full potential.
Explanation:
Every single large corporation started as a small business, many of the most valuable companies in the world started in garages. That doesn't mean that every single small business will turn into Apple, Google, Amazon, etc., but money sometimes is not everything. Your personal potential might include happiness and a sense of "Yes, I made it!" and usually that only comes with your own business.
On the other hand, not everyone that works for a large corporation becomes CEO, and many factors may influence your career and your knowledge and capacity may not be enough.
Some people say that the best job is the job you enjoy doing.
Could be cause of trade , if you have land it is also good for crops which is production
Answer: The statement given in the following question is <u><em>false. </em></u>
Explanation: While computing the effective interest rate method of amortization;<em><u> </u></em><u><em>we use the the market rate of interest thereby multiplying it by value of the bond at the beginning of the given period. </em></u>In the given question it's said that we consider the face value , which isn't right.
Therefore the statement given in the following question is <u><em>false. </em></u>
Answer:
B. 66.67%
Explanation:
Contribution is the difference between the company's total revenue and the total variable cost. The ratio of the contribution to sales or revenue gives the contribution margin ratio.
The contribution may also be derived from the addition of the fixed cost and the operating income.
Contribution margin
= $115,000 + $54,000
= $169,000
Let the number of units to be sold to achieve targeted income be U
6U - 2U - 115,000 = 54,000
4U = 169,000
U = 42,250
Contribution margin ratio = 169000/(6 * 42,250)
= 66.67%