1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rewona [7]
2 years ago
11

If there are no readily available substitutes for a product, it will tend to have...

Business
1 answer:
NARA [144]2 years ago
8 0

Answer:

no value

Explanation:

You might be interested in
Assume these events happened to Bakko, Inc. in Year 4. Bakko uses December 31 for the annual reporting period. At the beginning
aleksandr82 [10.1K]

Answer:

1. Gain of $12,000 on sale of some equipment from one of the gas stations that Bakko still owns at 12/31/Year 4.  - <u>Part of income from continuing operations.</u>

The gas station is still owned by Bakko so the gain received will form part of income from continuing operation.

2. Bakko receives $5,000 for a fuel contract that will begin in Year 5.  - <u>Not part of net income for Year 4</u>

As per the Revenue Recognition principle of Accounting, revenue is only to be recorded when earned which means that this revenue will be in the Year 5 income.

3. Bakko has $100,000 gain on the sale of the gas stations on May 1, Year 4.  - <u>As a discontinued operation.</u>

The gas station has been sold and so is a discontinued operation.

4. Operating results through April 30,Year 4 for the gas stations that were sold.  -<u> As a discontinued operation.</u>

The gas station has been sold and so is a discontinued operation. Will be reported in the Income statement as such.

5. Bakko has a $20,000 loss on the sale of the donut stores on October 1. - <u>As a discontinued operation. </u>

The donut store was sold and is no longer a part of Bakko so is a discontinued operation.

6 0
3 years ago
As an important control for the occurrence assertion related to sales, the computer starts with the population of daily sales in
7nadin3 [17]

Answer:

A. bill of lading

Explanation:

The bill of lading is the document that supports the sales invoice as the bil of lading contains the details regarding the shipment and the confirmation with respect to the delivery

So as per the given situation since it is mentioned in the question that for shipping documents the sales invoice should be supported by the bill of lading

hence, the same is to be considered

8 0
2 years ago
Which of these investments may pay dividends?
Murrr4er [49]
Since you provide no options, Stock investment may pay dividend

The amount of dividend will be depended on how many stocks you own and how much is that's company net income in that year

for example, if you own 10 % of the company, and the company announced that they will pay $ 10,000 as dividend this year, you will get dividend payment of $ 1,000 
5 0
3 years ago
Read 2 more answers
Adelene, who lives in a winter resort area, rented her personal residence for 14 days while she was visiting Brussels. Rent inco
frez [133]

Answer:

a) The effect the rental activity has on Adelene's AGI is $0.                          

b) The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

Explanation:

a)

particulars                                      amount                  amount

rental income                                                                $5,000

property taxes                               $3,800

mortgage interest                          $7,500

utilities                                             $3,700

insurance                                         $2,500

repairs                                              $2,100

depreciation                                     $15,000

total deduction                                                    $34,600

AGI                                                                           $0

Therefore, The effect the rental activity has on Adelene's AGI is $0.                          

b)

particulars                                      amount

Real property taxes                       $3,800

mortgage interest                          $7,500

utilities                                             $3,700

insurance                                         $2,500

repairs                                              $2,100

depreciation                                     $15,000

total expenses                                  $34,600

Therefore, The total rental income is less than the total expenses for the year, so the reportable rental income is $0.

7 0
3 years ago
Question 4 of 10
Delvig [45]
THE ANSWER IS D………………..
6 0
2 years ago
Other questions:
  • Blue Company purchased 60 percent ownership of Kelly Corporation in 20X1. On May 10, 20X2, Kelly purchased inventory from Blue f
    10·1 answer
  • jerome needs to track what materials the business has in shock and compare current amounts with the amounts at the beginning of
    13·1 answer
  • a. Consumption schedule The variable on the vertical (y) axis is (Click to select) and the variable on the horizontal (x) axis i
    11·1 answer
  • At the headquarters of Meltdown Inc.,a temporary team consisting of members from its technical department and marketing departme
    10·1 answer
  • Alpine Energy Corporation has 1,500,000 shares of $40 par common stock outstanding. On August 2, Alpine Energy declared a 4% sto
    7·1 answer
  • A petroleum refinery stockpiles crude oil so that it can easily switch between producing home heating oil and gasoline, dependin
    9·1 answer
  • Someone please help will mark as brainliest
    8·1 answer
  • Sonia thinks she would like to work in the marketing field. Which student organization would be most likely to help her learn ab
    6·1 answer
  • What states have the highest percent of their credit economy with prime credit scores?.
    11·1 answer
  • O'brien inc. has the following data: rrf = 5.00%; rpm = 6.00%; and b =+0.70. what is the firm's cost of equity from retained ear
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!