Answer: option C
Explanation: THIS CAN BE REPRESENTED AS FOLLOWS :-
If we eliminate the product there would be no sales, no variable expenses and therefore, no contribution.
sales = nil
-variable expenses= <u>nil</u>
contribution = nil
- fixed expenses = <u>56,000</u>
NET LOSS = <u> (56000)</u>
.
NOTE :-
Fixed expense = (140,000)*(40%)= 56,000
.
.
Thus increase in loss would be 56000- 50,000=6000
Yes, basically I have no Idea what you talking about. I heard that if you answer questions you can ask more. thanks.
Answer:
Other than Temporary Impairment loss (Dr.) $400,000
Discount on bond investment (Cr.) $400,000
Fair value Adjustment (Dr.) $150,000
Net unrealized holding gain/losses - OCI (Cr.) $150,000
Explanation:
To record impairment loss on bond we debit the Other than temporary impairment loss account debit and discount on bond investment as credit by $400,000 which is the decline in fair value of Taylor bond.
To record the impairment loss recognized due to fair value method we debit the Fair value adjustment account as debit and Unrealized holding gains/losses as credit by $150,000.
Answer:
a discontinuous innovation
Explanation:
Please see attachment .
