Answer: Hello your question is incomplete attached below is the complete question
answer:
1) attached below
2) Net operating income ( loss ) = - $104 million
Explanation:
Pretax operating loss = - $137 million
Non deductible Losses ; $5 million fine paid in 2021 ,
estimated $12 million loss from contingency that will be tax deductible in 2022
Enacted tax rate = 25%
Taxable operating income = - $120 million
attached below is the solution
Answer:
C. $4.20
Explanation:
The computation is shown below:
Before that we need to do following calculations
Total costs to be incurred is
= ($2 × 5,000,000 units) + $9,000,000
= $19,000,000
Now
Required return is
= $40,000,000 × 5%
= $2,000,000
So,
Sales price per unit is
= (Total cost incurred + required return) ÷ number of unit sold
= ($19,000,000 + 2,000,000) ÷ 5,000,000 units
= $4.20
Answer:
Explanation:
Do you have choices for this question?
Answer:
The correct answer is letter "D": Market development.
Explanation:
Market development is a strategy firms use to introduce a product into another existing market attracting new consumers to the same business. The strategy implies selling existing products in new geographical areas but it can also refer to selling the same goods or services to the same customers in new ways.
Answer:
The journal entry to record this transaction would be:
April 1, 10,000 shares issued
Dr Cash 240,000
Cr Common stock 200,000
Cr Additional paid in capital 40,000
The balance sheet is affected:
Assets = Liabilities + Stockholders' equity
Cash = NA Common stock APIC
$240,000 $200,000 + $40,000
increases increases increases
The cash flow statement is also affected since cash from financing activities increases by $240,000. The statement of shareholders' equity is also affected because equity increases by $240,000.
The income statement is not affected.