1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhenek [66]
3 years ago
10

A loss from the disposal of a significant component of a business should be reported separately in the income statement: after i

ncome from continuing operations. before income from continuing operations. after other comprehensive income. before income before income taxes.
Business
1 answer:
wlad13 [49]3 years ago
8 0

<u>Answer:</u> Option 1 After income from continuing operations.

<u>Explanation:</u>

A disposal account shows the profit or loss from the sale of any asset. When the sale price is higher than the book value of the component then it is a gain. When the sale price is less than book value then it is a loss.

Loss from the sale of component will reduce the income of the business. When there is a loss it is debited in the income statement. This appears below the operations income and it is deducted from the revenue to show the actual value of the revenue.

You might be interested in
Ruby enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like
Leokris [45]

Answer:

training and development specialist

Explanation:

From the question we are informed about Ruby who enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like to use in her future career. In this case the career that would be the best fit for her based on her skills is training and development specialist.

Training and development specialists can be regarded as a profession that provide help in administering, creating and delivering of training programs for organization as well as Businesses. They do this through group discussions and lecturing and also team exercise.

8 0
3 years ago
Government corporations can be described as which of the following
tester [92]
C. Independently run.
6 0
3 years ago
Read 2 more answers
In​ 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to play for them for seven years. He
Salsk061 [2.6K]

Answer: D. The actual value of the contract is less than $30 million for each year he plays.

Explanation:

Given that Mark sherzer will be paid $15 million per year for 14 years reflects a contract whose value at the time of signing is ($15 million × 14) = $210 million. However, the payment would not be paid at the of signing but spread over a period of 14 years with $15 million being splashed out annually. However, considering the time value of money, whereby the present value of a fixed amount decreases with time. Hence in actual sense, the $210 million face worth of the contract will actually be less than $30 million [$210/7(playing years)] as time progresses on the fixed amount paid yearly due to reduction in the value of the present value as time progresses.

7 0
2 years ago
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you n
torisob [31]

Answer:

250 hours.

Explanation:

Cost of course : $500

The extra income from the course is $2 per hour

to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.

Number of hours required = $500/2

=250 hours.

7 0
2 years ago
If government cuts taxes. A. after tax income should increase shifting AD to the right to a higher equilibrium level of output B
Vera_Pavlovna [14]

Answer:

A. after tax income should increase shifting AD to the right to a higher equilibrium level of output

Explanation:

If the government reduces tax, the after tax income would increase and so woold demand. Thus, the aggregate demand curve would shift rightward to a higher equilibrium level of output.

If the government cuts taxes, after tax income should decrease shifting AD to the left to a lower equilibrium level of output

I hope my answer helps you

8 0
3 years ago
Other questions:
  • You want to buy a $300,000 home. You have $30,000 as a down payment. Therefore, buying the house will require you to take out a
    8·1 answer
  • The Green Company, an accrual basis taxpayer, provides businessconsulting services. Clients generally pay a retainer at the begi
    6·1 answer
  • After a computer failure, you are trying to reconstruct some financial results for the year just ended. While you know that back
    10·1 answer
  • A convertible bond has a face value of $5,000, a conversion price of $40, a coupon rate of 6 percent, semi-annual payments, and
    5·1 answer
  • A __________ is a profit-seeking organization that receives deposits from individuals and corporations and uses some of these de
    10·1 answer
  • * Round all answers to the nearest dollar Your company buys a tower crane for $900,000 on January 1, 2019. It has a 20 year life
    9·1 answer
  • There are distinctive differences between private market and public government operations. Private goods and public goods have d
    15·1 answer
  • 3. A trader has a short position of 10 contracts in a crude oil futures contract. Yesterday’s closing price was $55.30/barrel. T
    11·1 answer
  • The journal entry to transfer completed products from production to finished goods inventory includes which two of the following
    15·1 answer
  • Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!