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3 years ago

Popson Inc. incurred a material loss that was unusual in character. This loss should be reported as:

1 answer:

4 0

Popson Inc. incurred a material loss that was unusual in character. This loss should be reported as: a line item within income from continuing operations.

<h3><u>Explanation:</u></h3>

Any income or loss that was incurred during the continuous operations of any segment of business or in the continuous operations of any segment of business will be either represented as after tax gain or loss on selling the business segment and the after tax effect of the operations of the discontinued business segment.

The areas such as expenses, revenues, loss and gain and those excluding the operation discontinued and extra ordinary items will included as the income from continuing operations.In the example given, the company has material loss during its operations and hen it should be reported as a line item within income from continuing operations.

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When Ann was traveling outside the United States, she found the perfect souvenir. Unfortunately, when she went to make the purch

Alecsey [184]

Answer:

Added overdraft protection feature to her checking account

Explanation:

Overdraft protection is a form of credit facility offered by banks. The facility allows transactions such as checks, electronic payments, and transfers to go through even if the account has insufficient funds. Overdraft protection safeguards against bouncing payments, which attract heavy penalties.

Ann has a debit card. She can only shop with funds available in her accounts. Debit cards do not have an automatic credit feature. Ann should have activated overdraft protection on her debit card. She would have linked her savings account to her checking account so that the debit card can draw from her savings account. Savings accounts qualify for overdraft protection.

4 0

3 years ago

Select True or False.

m_a_m_a [10]

Answer:

False.

Explanation:

Wholesalers are used to sell consumer products.. but not business products.

6 0

2 years ago

asset w has an expected return of 15.7 percent and a beta of 1.75. if the risk-free rate is 3.3 percent, what is the market risk

Marizza181 [45]

The market risk premium is 14.12. A market risk premium in finance and economic is used to measure how much the level of risk.

A risk premium means a measure of excess return that is used by an individual to compensate being subjected to an improved degree of risk. A risk premium is the common definition being the expected risky return less the risk-free return.

To find the amount of risk premium, we can calculate it use beta of the stock formula:

Beta of the stock = (expected return - risk-free rate) ÷ risk premium

Because we need the amount of risk premium, then it will be:

Risk premium = Beta of the stock/(expected return - risk-free rate)

Risk premium = 1.75/(15.7% - 3.3 percent)

Risk premium = 1.75/(0.157 - 0.033)

Risk premium = 1.75/0.124

Risk premium = 14.12

Thus, the market risk premium is 14.12.

Learn more risk premium, here brainly.com/question/28235630

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5 0

1 year ago

According to this graph, approximately ____ would be supplied and demanded at the equilibrium price of ___.

Svetllana [295]

Where is the graph? If there is no graph then what am i supposed to look at and solve the problem?

6 0

3 years ago

Seamus would like to acquire all the assets of a target company, achieve favorable tax results and reduce the likelihood that th

katen-ka-za [31]

<u>Answer:</u><u> </u>Seamus should structure the purchase as a stock acquisition.

<u>Explanation:</u>

Stock acquisition means buying the shares of chosen company. Here Seamus is trying to buy the shares of target company. Through stock acquisition the entire shares of another owner is acquired and which also includes his liabilities. Even the unwanted liabilities can be transferred back to the seller.

This stock acquisition option provides favorable tax results for Seamus. The capital gains need not be paid by Seamus . This option of stock purchase does not require third party consent for completing the transaction.

6 0

3 years ago