Answer:
The answer is 3.3%
Explanation:
Percentage growth rate is
New figure - Old figure /old figure x 100%
Real GDP in 2011 is $15.5 trillion
Real GDP in 2010 is $15 trillion
So we have $15.5 - $15/$15 x 100%
$0.5/$15 x 100%
0.033 x 100%
3.3% is the growth rate between 2011 and 2010.
Alternatively, new figure - old figure - 1
$15.5/15 - 1
1.033 - 1
0.033
Expressed as a percentage
0.033 x 100%
3.3%
The correct answer is D.
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Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value
Explanation:
Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.
With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.
Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".
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