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
sammy [17]
3 years ago
14

If a company owns multiple lines of business in different areas such as cable TV, film entertainment, networks, and publishing,

and decides to sell a specific unit, the resulting gain or loss would most likely be classified as a(n)______ on the income statement.
Business
1 answer:
Zepler [3.9K]3 years ago
8 0

Answer: The answer is Discontinued Operation.

Explanation: Discontinued Operation in financial accounting is a term that is used to refer to part(s) of a company’s line of businesses or products that have been sold or shut down.

Discontinued operations are reported on the income statement, but separately from continuing operations.

The decision to list discontinued operations separately on the income statement is useful because it shows investors where the profits are coming from and which operations have ceased to function, especially useful when companies are about to merge.

You might be interested in
Which of the following is true of variances? a.Unfavorable variances occur whenever actual prices or actual usage of inputs are
Marysya12 [62]

Answer:

B) Favourable Variances occur whenever actual prices or actual usage of inputs are greater than standard prices or standard usage.

Explanation:

Variances refer to the difference between actual and standard or budgeted costs. Standard cost is also referred to as budgeted cost. Budgeted costinh can be used by a food nutritionist to determine the food quantity he can cook as well as the ingredient amount which consists of the budgeted costs and the actual cost of preparing the food. Budgeted costchas a major advantage which is its ability to determine the pricing policy even before the product or service is delivered. When favourable or unfavourable variances are mentioned, it refers to the greater of budgeted or actual price or quantity. Favourable goes with a greater actual price or quantity while unfavorable or adverse goes with a greater standard price or quantity.

5 0
2 years ago
Read 2 more answers
Information that is collected for the first time from original sources is called ________.
SpyIntel [72]
Information that is collected for the first time from original sources is called primary research.

Primary research is research you contact yourself. A few examples of ways to collect primary research are through surveys, focus groups and observations.  

Secondary research is information collected from other sources that once was primary research. Although they are complete opposite to get the most accurate research data it is best to use both primary research and secondary research in your market research. 
6 0
3 years ago
A volunteer must review photo identification for every taxpayer to deter the possibility of identity theft.
Serjik [45]

Answer:

Answer of the following statement is TRUE .

Explanation:

Identity theft remains an issue worldwide.

  • The interview should begin with demanding picture id to check the tax payer's and partner's identity on both the tax form.
  • Exceptions must only be provided under extreme situations for requesting photo Identification and for clients reported to the site upon approval by the site administrator.

8 0
3 years ago
Someone who helps to teach a concept privately, or to a very small group, is a:
Annette [7]

Answer:

B tutor how are u???????????

8 0
2 years ago
What is the yield to maturity of a one-year zero-coupon bond with a $10,000 face value and a price of $9400
svp [43]

Answer:

6.383%

Explanation:

Calculation for the What is the yield to maturity

Using this formula

YTM=n√Face value/Bond price -1

Where,

n=one-year

Face value=10,000

Bond price=9,400

Let plug in the formula

YTM=1√10,000/9,400−1

YTM=1.06383-1

YTM=0.06383*100

YTM=6.383%

Therefore the yield to maturity will be 6.383%

3 0
3 years ago
Other questions:
  • Fred and Lucy are married, ages 33 and 32, and together have AGI of $120,000 in 2019. They have four dependents and file a joint
    10·1 answer
  • Domestic telecommunication companies in the United States are struggling due to foreign competition. How can the US government h
    14·1 answer
  • Which of the following is a disadvantage of providing flexibility in benefit choice? Group of answer choices There is a risk tha
    7·1 answer
  • Transactions involving items produced in the past, such as the sale of a 5-year-old automobile by a used car dealership or the p
    7·1 answer
  • Will give brainliest
    11·1 answer
  • In an open economy the GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes
    8·1 answer
  • A company has net sales of $788,500 and cost of goods sold of $569,500. Its net income is $26,280. The company's gross margin
    10·1 answer
  • Which of the following best describes systematic inequality? A. deep-seated disparity in the distribution of wealth the gap betw
    10·1 answer
  • Describe how crashing and fast tracking can be used to compress a project schedule. What limitations could there be with each of
    10·1 answer
  • If the true mean is .9350 with a standard deviation of 0.0090, within what interval will 90 percent of the sample means fall? (r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!