How to convince granter that they should give me a chance?

Ideally, the price established for a transfer of goods or services between two decentralized organizational units within a compa

Andru [333]

Answer:

A. True

Explanation:

Firms that operate different divisions or subsidiaries must always present a consolidated balance that includes all the department, divisions or subsidiaries. Any gain resulting from inter company sales must be adjusted, i.e. your right arm cannot make a profit if it sells to your left arm.

Whenever inter company sales take place, ideally, the ultimate goal should be to improve the entire company's financial position, not only improve the gains from one division by hurting another division.

5 0

3 years ago

The net income or net loss is calculated on the

Ber [7]

The net income or net loss is calculated on the statement of owner’s equity.

4 0

3 years ago

Which margin is at the very bottom of the page when printing worksheets?

postnew [5]

Answer:

Footer Margin

Explanation:

Just took this :)

6 0

3 years ago

Read 2 more answers

On December 31, 2019, Hamilton Inc. sold a used industrial crane for $1,000,000 cash. The original cost of the crane was $5.22 m

garik1379 [7]

Answer:

Gain= $90,000

Explanation:

Giving the following information:

Selling price= $1,000,000

Original price= $5,220,000

Accumulated depreciation= $4,310,000

<u>First, we need to calculate the book value:</u>

Book value= purchase price - accumulated depreciation

Book value= 5,220,000 - 4,310,000

Book value= $910,000

<u>Now, if the selling price is higher than the book value, the company gain from the sale:</u>

Gain/loss= selling price - book value

Gain/loss= 1,000,000 - 910,000

Gain= $90,000

3 0

3 years ago

In a credit application, besides one's capacity to pay, creditors also consider which of the following?

DochEvi [55]

Answer:

The lenders use a system of five Cs to know about the creditworthiness of potential borrowers. They weigh five characteristics of the borrower and various conditions of the loan, chances of default and risk of loss. The five Cs used by the lender are capacity, character, collateral, capacity and conditions.

The first C is character, it can be known by the previous loans of the applicant.

Debt to income ratio is the second C.

The third C is capital, it is the amount of money possessed by an applicant.

Collateral is the fourth C, it is the asset that can be used to back the loan.

The fifth C is conditions, the amount of the loan, its purpose and the prevailing interest rate in the market are known as conditions.

4 0

3 years ago