The correct option is OA. Selling to another company the right to make and market a product line is called spinning off.
Create a new corporation that is independent of the previous organization by spinning off something, like a company. [Firm] He saved the organization and eventually separated its textile sector into a different business.
A corporate spin-off, often referred to as a spin-out, starburst, or hive-off, is a sort of corporate activity in which a corporation "splits off" a segment as a different business or establishes a second incarnation, even if the first is still operating.
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Answer:
d. $65,490
Explanation:
A cash flow statement (CFS) is a financial statement shows the amount of cash and cash equivalents that has entered and left an organisation. It only deals in cash and cash equivalents.
From the question, the sale for cash of office equipment with a book value of $59,856 at profit of $5,634 will be recorded in the Cash flows from investing activities section of the CFS based on the actual cash that entered the company. In this case, the total cash received from the sale and which is the actual cash that entered the company in respect of this transaction is the addition of the book value of $59,856 and the gain of $5,634 which is approximately $65,490.
Therefore, the total amount reported in the Cash flows from investing activities section of the statement of cash flows is $65,490.
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<span>your friend, because he likes the jeans and has the money to buy them</span>
Answer:
Overapplied overhead is $1,000.
Explanation:
predetermined factory overhead rate=Budgeted overhead/Budgeted volume
=(234,000/39.000)=$6/machine hour
Hence applied overhead= predetermined factory overhead rate*Actual volume
=(6*38.500)=$231.000
Hence since applied overhead is greater than actual overhead;
overapplied overhead=(231,000-230.000)=$1,000.
The term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
<h3>What is credit?</h3>
Credit can be defined as the way in which a person collect loan or borrow from a lender with the intention to payback the lender at a stipulated period of time.
When a buyer received products or goods from a seller with a plan to payback the seller this method of transaction is known as credit.
Therefore the term for an arrangement between you and another party where you receive goods or services now and arrange to pay later is: Credit.
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