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Klio2033 [76]
3 years ago
6

Which of the following items is not classified as other comprehensive income (OCI)?

Business
1 answer:
Anna [14]3 years ago
5 0

Answer:

The answer is: A) Extraordinary gains from extinguishment of debt.

Explanation:

Other comprehensive income (OCI) refers to gains that have an effect on the balance sheet of a business but are not included in its income statement. They are reported separately on the statement of comprehensive income along with the net income. These gains have not yet been realized. For example, your company owns government bonds and their price increases, but the company has not sold them yet, so no capital gain has been realized.

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The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000,
Margaret [11]

Answer:

36.26%

Explanation:

Simple rate of return:

return/investment

<u>return:</u>

In this case, it will be the cost saving for the new machine: 161,000

<u>investment</u>

We will decrease the investment by the recovery from the old machine.

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<u>Then, proceed to calculate:</u>

161,000/444,000 = 0.3612 = 36.26%

Consideration:

Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.

3 0
3 years ago
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Sliva [168]

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Basically, franchise provides the opportunity to buy into a successful business model which has track record, solid supply chain and expert technical support.

Learn more about franchising here : brainly.com/question/12879015

6 0
2 years ago
Depreciation is a _____, a cost that cannot be affected by any future action.
stiks02 [169]
<span> <span><span>Depreciation is a </span>sunk cost. </span></span>It is the value lost on an asset after consumption. In accounting, depreciation cost qualifies as a sunk cost because it is already lost and cannot be recovered. For that reason, it is correct to ignore depreciation cost when determining the future course of a business.
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3 years ago
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Allisa [31]

Answer:

1. Financial analysts and business examiners would concur such occupation misfortunes were inescapable. U.S. organizations developed from a horticultural economy to the present assistance and innovation based economy.  

2. As the case noticed, this will be troublesome. Be that as it may, insofar as American specialists remain the most talented on the planet and business people keeps on enhancing with new advancements and items, U.S. assembling will endure.

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3 years ago
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