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sertanlavr [38]
3 years ago
15

LeBron's Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million,

cost of goods sold of $8 million, operating expenses of $3 million, and income tax expense of $900,000. The book division did not do as well and was sold during the year. The loss from operations and sale of the book division was $400,000 before taxes and $280,000 after taxes. Assuming the sale of the book division is reported as a discontinued operation, at what amount did LeBron's Bookstores report the discontinued operations
Business
1 answer:
gayaneshka [121]3 years ago
8 0

Answer:

$1,820,000

Explanation:

Calculation to determine at what amount did LeBron's Bookstores report the discontinued operations

Using this formula

Discontinued operations=Net sales-Cost of goods sold -operating expenses - Income tax expense -After taxes

Let plug in the formula

Discontinued operations= $ 14 million-$8 million-$3 million-$900,000-$280,000

Discontinued operations=$1,820,000

Therefore what amount did LeBron's Bookstores report the discontinued operations will be $1,820,000

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You purchased 600 shares of SLG, Inc. stock at a price of $41.20 a share. You then purchased put options on your shares with a s
Reika [66]

Answer:

Profit of 3600

Explanation:

I bought the 600 shares at a price of $41.20

so, Cost of buying the shares 24720

Along with it, i also bought the put option in $1.10 with a strike price of $45.

Buying the put option able me to sell the stock in 45 regardless of the price in stock market is.

But at the expiration date, the price of stock is $48.30 (more than strike price of $45)

So, i would not sell my stock to the broker in 45 (strike price) where, i can sell this stock in stock market at $48.30

Selling this stock in 48.30

48.30*600=28980

I must pay the option premium even though i have not utilized the option.

1.10*600=660

Finally,

selling price of shares-cost of buying shares - cost of purchasing premium

28980-24720-660= 3600

5 0
3 years ago
Which of these is an effective way of guiding, modifying, and disciplining a child?
bezimeni [28]
B.
Because the caregiver has set both clear and consistent rules, which allows the child to know what is expected of them, and allows the child to adjust their behavior to fit the caregivers expectations. Hope this helps!
5 0
4 years ago
Coffee Klatch Party Group, a political organization, files a claim to challenge a Delaware statute that limits the liberty of al
natita [175]

Answer:

c. substantive due process

Explanation:

The substantive due process is related to the prohibition of state governments to deprave someone from liberty, life or property, without the due process of law. In this example, it is stated that the Delaware statute has ignored the substantive due process by implicating a discrimination of people broadcasting radio commercials. This is opposing the premise of the substantive due process.

4 0
3 years ago
A vacant lot that measures 100 feet wide by 125 feet deep is listed at a price of $250 per front foot. The broker will collect a
oee [108]

The broker's fee if the full asking price of $250 per front foot is received will be $2,000.

What is the broker's fee?

A broker's fee is an amount that the broker charges as a fee for facilitating the sale of a property.

First find the asking price:

= 250 x 100 feet

= $25,000

The broker's fee is:

= 8% x 25,000

= $2,000

Find out more on broker's commission at brainly.com/question/14838861

#SPJ1

7 0
2 years ago
National income is equal to________________.
erik [133]

Answer:

A.Gross Domestic Product​ (GDP) minus NDP.

Explanation:

  • The national income is equal to the GNP less than consumption of the fixed capital and is the personal income that is measured as the amount the income in the terms of the funds in hand.
  • Is added to the net income levels and the personal income receipts on assets and peroneal current transfers and is expressed as the Rent + Wages + Interest + Profit + Mixed-Income.
3 0
3 years ago
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