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).
Answer: $31200
Explanation:
Based on the information given in the question, the total cost to be assigned to the ending work in process will be:
Material cost = 4800 × $6 = $28800
Conversion cost = 4800 × 25% × $2 = $2400
Therefore, the total cost to be assigned to the ending work in process will be:
= $28800 + $2400
= $31200
Answer:
a Ford felix?
Explanation:
I think that is it if you get it used
Foward Inc uses a <u>Functional structure</u> to organize its sales force
Explanation:
- It is one of the Most common type of organizational structure.
- In this type of structure the employees are given roles/task as per their specialization.
For example:A employee who specializes in Human Resource management will work as a Human Resource Manager.
Similarly a employee who specializes in Finance can play the role of a Mutual Fund Advisor ,Wealth Manager.