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8_murik_8 [283]
3 years ago
7

Tamarisk Corporation had income from continuing operations of $10,763,000 in 2020. During 2020, it disposed of its restaurant di

vision at an after-tax loss of $201,600. Prior to disposal, the division operated at a loss of $324,000 (net of tax) in 2020. Tamarisk had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Tamarisk beginning with income from continuing operations.
Business
1 answer:
Ivenika [448]3 years ago
3 0

Answer:

$1.02

Explanation:

Preparation of the partial income statement for Tamarisk beginning with income from continuing operations.

Income from continuing operations $10,763,000

Less Discontinued operations:

Loss from operation of discontinued restaurant division (net of tax) ($324,000)

Loss from disposal of restaurant division(net of tax) (201,600)

Net income$10,237,400

Earnings per share:

Income from continuing operations$1.07

($10,763,000÷$10,000,000)

Discontinued operations, net of tax(0.05)

(324,000+201,600= 525,600

Net income $1.02

Calculation for Discontinued operations,

(324,000+201,600)= 525,600

525,600÷$10,237,400

=0.05

Therefore the Net income is $1.02

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lorasvet [3.4K]

Answer:

Forbid combinations in restraint of trade and monopolizing.

Explanation:

The Sherman Antitrust Act of 1890 is mainly aimed at preventing anti competitive agreements and unilateral conduct by a group of businesses aligning with one another. Such alignment results in restraint of trade and monopoly.

This Act enables the Department of Justice to bring charges against violators of antitrust laws and they may face as much as treble damages (three times of the damage caused to other parties).

Artificial raising of price and restriction of supply of products or trade are prohibited under this Act.

7 0
3 years ago
condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period o
Nataly [62]

$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.

<h3>What is condominiums?</h3>

A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.

320*12=3840

3840*7=$26880

A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.

Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.

To learn more about condominium refer to:

brainly.com/question/1167654

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8 0
1 year ago
ssume you are the Chief Information Officer (CIO)1 of the company that you dream of (any company, real or hypothetical). Give a
MAVERICK [17]

Answer: External threats are almost always malicious, with data theft, vandalism, and disruption of services all possible goals. Internal threats can be equally vicious and may also include blackmail or other illicit activities. Internal threats, however, are not always malicious

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Explanation: An internal threat refers to the risk of somebody from the inside of a company who could exploit a system in a way to cause damage or steal data.

Employee Sabotage and Theft. ...

Unauthorized Access by Employees.

Weak Cyber Security Measures and Unsafe Practices. ...

Accidental Loss or Disclosure of Data

The following are ways to prevent Internal and External Security Threats :

1. Access data vulnerabilities, Penetration testing tools can be adopted to check the vulnerabilities or weak areas in the software systems. ...

2. Calculate Risk Scores. ...

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4.Remove excessive privileges. ...

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8 0
3 years ago
The Executive Director of Operations has assigned Joe Tanney the role of Team Leader for a high priority project. The task is to
svetlana [45]

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This is a team conflicts that have negative consequences on the firm.

The conflict is not multicultural because their cultures doe have an impact on the conflict results, it's equally not functional because it's not bringing in a positive results, Both gender and intergroup do not also have an effect on the conflict.

5 0
3 years ago
The difference between a divine command view and authoritarian view is that the authority figure is different. true or false?
taurus [48]

The difference between a divine command view and authoritarian view is that the authority figure is different-Yes the statement holds true

Explanation:

<u>In a Divine Command of View</u>

we often come across statement like -"I would do what God or the scriptures say is right'

As per this point of view the  right and wrong are determined by a supernatural supreme being, whose will we discern from sacred texts and divinely inspired messengers.

<u>Authoritarian View</u>

An example of Authoritarian view is sentence like " I would follow the advise of an authority"

According to this view  the  right and wrong is decided by the authorities.The power of taking decision rest in the hands of a particular authority.

Downside of this view is that : authorities do not always reflect wisdom and not all authorities agree.

As you can see that the difference between the two view point is the authority figure.So the answer is True

8 0
3 years ago
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