Answer:
As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.
Explanation:
The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:
Capital Gain for the year = Gain Before unrecaptured losses - Carried Forward Losses
By putting values, we have:
Capital Gain for the year = $12,000 - $3,000 = $9,000
The resultant $9,000 would be the capital gain for the year.
Answer: a) $(11.3) million
b)$1,286.7million
c)$40.6 million
Explanation:This does not involve lengthy explanation.
(a) Other comprehensive income for 2017 =unrealized holding loss =available-for-sale securities during the year= $(11.3) million
(b) Comprehensive income for 2017= net income-unrealized holding loss =
$1,286.7million (1,298 - 11.3)
(c) Accumulated other comprehensive income = accumulated other comprehensive income -unrealized holding loss
$40.6 million (51.9 - 11.3)
If capacity is expensive and inventory is cheap, a good reason to hold inventory is to level load capacity by using inventory as a buffer between demand variability and capacity utilization-<u>The statement is true</u>
Explanation:
<u>Capacity management</u> can be defined as the act of management to ensure maximization of the product output and the potential activities associated with production,under all the given circumstances
The<u> capacity of a business measures</u> how much the business can achieve, produce, or sell within a given time period.It refers to the maximum output rate a company can produce
<u>Load capacity</u> is use to define the maximum demand, stress, or load that can be placed/leveled on a given system under normal or specified conditions for an extended period of time.
Answer:
The correct answer is letter "C": The budget outlines a specific course of action for the coming period.
Explanation:
Budgets are estimates of the expenditures a firm expects over a certain period. They serve as tools to measure the amount of money the company should use to conduct its different activities. In most cases, managers of each department within an organization handle their own budgets to be provided to the central department in charge of budgeting the overall firm budget which will approve or adjust the unit's budget.
