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3 years ago

When a company's income statement includes discontinued operations, the company should report per share information on:

Business

1 answer:

ra1l [238]3 years ago

5 0

Answer:

b. Option B

Explanation:

In the income statement of the company, the company involved the net income per share , income from continuing operations but it does not record the profit on sale of machinery per share

So as per the given options, the option B is correct as the net income and the continuing operations income is involved but the third one is not involved i.e. profit on sale of machinery per share

Therefore all the other options are incorrect

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Which of the following would generally not be considered an attribute of a good leader? listener combative guide patient

hoa [83]

Answer:

Combative

Explanation:

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3 years ago

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On January 1, Year 1, Gallagher Corporation issued 400 comma 000 stock options for 400 comma 000 shares to a division manager.

masha68 [24]

Answer:

$1,000,000

Explanation:

Gallagher Corporation

Stock option × Option estimated fair value /Numbers of years

Stock option $400,000

Option estimated fair value $10

Numbers of years 4

Hence:

($400,000 × $10) / 4 years

=$4,000,000/4years

= $1,000,000

Therefore pretax compensation expense for year 1 will be $1,000,000

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3 years ago

At an output level of 58,000 units, you calculate that the degree of operating leverage is 1.6. The output rises to 63,000 units

Scorpion4ik [409]

Answer:

Change in Operating Cash Flow = 13.79 %

Explanation:

given data

output level = 58,000 units

degree of operating leverage = 1.6

output rises = 63,000 units

solution

we get here percentage change in operating cash flow for that

Percentage Change in Output we get

Percentage Change in Output = ( output rises - output level ) ÷ output level .........1

Percentage Change in Output = $\frac{63000-58000}{58000}$

Percentage Change in Output = 0.08620689655

so here Change in Operating Cash Flow will be as

Change in Operating Cash Flow = Percentage Change in Output × degree of operating leverage ............2

Change in Operating Cash Flow = 0.08620689655 × 1.6

Change in Operating Cash Flow = 13.79 %

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4 years ago

Spencer Co. decides to establish a petty cash fund with a beginning balance of $200. The company decides that any purchase under

Mars2501 [29]

Answer:

Debit Petty cash $200 and credit cash $200

Explanation:

Accountants evaluate business activities and put them in record using journal entries such as debit-credit rules as a guide. Normally, an accountant will use specific journals for numerous journal entries of the same type – like sales journals, cash journals and purchases journals. Businesses which are large usually use specialized journals, while businesses which are smaller tend to only use a general journal that has all transactions. Recording journal entries is only the first step in the accounting.

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3 years ago

Effective teams (1) function so well they create their own magnetism, (2) are interested in others' success as well as their own

MariettaO [177]

Answer:Only statements 1 and 2 are correct

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3 years ago

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