Answer: See explanation
Explanation:
1. Prepare a single-step income statement for 2017. Shares outstanding during 2017 were 100,000. (Round earnings per share to 2 decimal places, e.g. $1.48.)
The income from continuing operations for earnings per share was calculated as:
= 285000/100000
= $2.85
The loss on discontinued operations was calculated as:
= 35190/100000 shares
= 0.35
Check the attachment for the solution.
2. Prepare aretained earning statement for 2017. Shares outstanding for 2017 were 100000.
Check the attachment for the solution
HR organizations, mainly.
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Answer:
$300,000
Explanation:
As per the Internal service revenue (IRS) and Generally accepted accounting principles (GAAP), when the entity who is profit making received any fixed asset as a donation than the same assets should be recorded at the fair value amount
Here the purchase price is $250,000 and the appraisal value i.e. fair value is $300,000
So the amount of donating the land should be recorded at $300,000
Answer:
Sector Partnership
Explanation:
Sector partnership indicates the coming together of both the private sector (trade association) and government sector aimed at providing qualified employees through identifying those skills needed by local companies and then working various colleges and universities in order to provide employees possessing those skills required by the local companies.