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bogdanovich [222]
3 years ago
13

Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary ite

ms b. Earnings before income & taxes (EBIT) c. Unrealized marketable securities gains & losses d. Contingencies
Business
1 answer:
NISA [10]3 years ago
3 0

Answer:

The correct answer is b. Earnings before income & taxes (EBIT)

Explanation:

Contingencies are not disclosed in the financial statements usually, they are disclosed under disclosures in the financial statements. Also, unrealized gains and extraordinary items are not necessarily showed under the equities statement. However, earnings of a company belongs to its owners, or the shareholders. Because of this EBIT is included.

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Commerce Corporation has a high probability of operating at 40,000 activity hours during the upcoming period, and lower probabil
Zepler [3.9K]

Answer:

Total cost= $877,500

Explanation:

<u> First, we need to calculate the unitary variable cost:</u>

Unitary variable cost= 135,000 / 30,000= $4.5

Unitary variable cost= 180,000 / 40,000= $4.5

Unitary variable cost= 225,000 / 50,000= $4.5

<u>Now, the total cost for 35,000 hours:</u>

Total cost= Unitary variable cost*total number of hours + fixed costs

Total cost= 4.5*35,000 + 720,000

Total cost= $877,500

4 0
2 years ago
Ashton is an investor looking at the income statements of two different companies. The first company has a very detailed income
Drupady [299]

Answer:

The first company with detailed information.

Explanation:

Financial statements show the financial position of a company at a particular period in time. The various types are balance sheet, income statement, and cash flow statement.

The income statement shows more clearly value of the company.

When Ashton is studying the income statement, he will need as much detail as possible so that he can make informed decision to invest.

The company with detailed income statement will be a better option. The company with condensed income statement will most likely not reveal some important information that will present itself as an unpleasant surprise in the future.

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3 years ago
You decide to start operating a business selling friendship bracelets online; if one of the bracelets you sold falls apart, you
Alex73 [517]
This statement is True
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3 years ago
which is an implied power of the federal government? raising taxesregulating tradedrafting soldiersdeclaring war
mars1129 [50]

Drafting soldiers is an implied power of the federal government.

According to Article I, Congress has the authority to make provisions for the general welfare and common defense of the United States. However, the establishment of a forced draft for enlistment in the military is an implicit power that has been exercised at various points in American history, from the Civil War until 1973.

Another well-known example of implied powers is the ability to form an army through a draft. For instance, the Constitution does not expressly permit the use of a draft prior to America's participation in World War II.

The ability to declare war, provide for and maintain a Navy, create and fund Armies, and equip, direct, and summon a militia all fall under the purview of Congress.

To learn more about Constitution refer to:

brainly.com/question/19411179

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2 years ago
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