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vlada-n [284]
3 years ago
8

On october 22, 2016, leahy corp. sold land to heller co., its non-wholly owned subsidiary. the land cost $122,000 and was sold t

o heller for $197,000. from the perspective of the combination, when is the gain on the sale of the land realized?
a. proportionately over a designated period of years
b. when heller co. sells the land to a third party
c. no gain can be recognized
d. as heller uses the land
Business
1 answer:
Sveta_85 [38]3 years ago
6 0
In this situation the answer is B. When Heller Co. sells the land to a third party. Capital gain is any money made (gained) off of a sale from an investment. Once Heller Co. sells the land the gain of the sale will be realized. 
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NikAS [45]

Answer:

the deferred revenue account is $2,900

Explanation:

The computation of the deferred revenue account is as follows;

= November sales - redemption of November and December month

= $4,350 - $435 - $1,015

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Hence the deferred revenue account is $2,900

It could be come after applying the above formula

Therefore the correct option is 2nd

3 0
3 years ago
Naples, Inc. recorded operating data for its shoe division for the year. Sales $750,000 Contribution margin 135,000 Total fixed
Sergeu [11.5K]

Answer:

25%

Explanation:

New contribution margin = Old contribution margin + Increase

                                          = 135,000 + 30,000

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Net Income = Contribution margin - Total fixed expense

                    = $165,000 - $90,000

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ROI = Net income ÷ Average operating assets

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4 0
4 years ago
3. Franchising is widely used in the casual dining and fast food industry, yet Starbucks is quite successful with a large number
Softa [21]

Starbucks doesn't franchise.

Explanation:

Starbucks doesn't franchise because they want to run their own stores and can control the quality and profits.

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Starbucks pursues join ventures. Starbucks can be found in several grocery stores and retail stores. Starbucks has the name tights  but it is using the location of these venues to promote the product and introduce new customers in the Starbuck's pool.

3 0
3 years ago
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drek231 [11]

A firm will work with a customer to design the product, and then make it from purchased materials, parts, and components. this firm is called <u>a make order firm.</u>

<u />

A firm is a for-profit business, generally formed as a partnership that provides professional services, along with criminal or accounting offerings. The theory of the firm posits that firms exist to maximize profits.  The term firm is synonymous with enterprise or organization. firms can operate beneath several distinct structures, including sole proprietorships and corporations.

In income, commerce, and economics, a customer is a recipient of a good, service, product, or idea - obtained from a seller, vendor, or supplier via a monetary transaction or change for money or some other valuable consideration.

learn more about the organization here brainly.com/question/19334871

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8 0
2 years ago
Katrina's fury has $697,400 in sales. the profit margin is 3.4 percent and the firm has 12,500 shares of stock outstanding. the
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<span>what is the price-earnings ratio</span> is 17.1

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