3 years ago

If Country A is an agricultural country and Country B has many cities and factories, it would make sense for

Business

1 answer:

soldi70 [24.7K]3 years ago

3 0

Answer:

Country A to specialize in growing corn while country B specializes in making cars

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On September 1, 20X1, Revsine Co. approved a plan to dispose of a segment of its business. Revsine expected that the sale would

Lady_Fox [76]

Answer:

losses from discontinued operations 395,000

Explanation:

From 1/1/20X1 to 8/31/20X1 realized loss 300,000

From 9/1/20X1 to 12/31/20X1 realized loss 200,00

EXPECTED Profit from 1/1/20X2 to 3/31/20X2 400,000

As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.

The company has losses for 500,000 with a tax-rate of 21%

This generates a tax-shield of 105,000

net of taxes: 500,000 - 105,000 = 395,000

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3 years ago

Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, a

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Answer:

Answer in Attachment

Explanation:

Download xls

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3 years ago

Classifying costs by behavior with changes in volume of activity involves: Multiple Choice Identifying fixed cost and variable c

Vadim26 [7]

Answer:

Identifying fixed cost and variable cost.

Explanation:

The behavior cost is those costs that will completely change when there are minute changes in the activity and includes the variable and the fixed costs and the semi-variable costs.

As an example of the fixed cost is the insurance. While the variable cost is flour for the bakery that produces artisan bread. And that of the semi mixed cost is the cost of the bakery cost and the natural gas.

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3 years ago

What are the three types of inherent value money can have

Reil [10]

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commodity value, representative value, and also fiat value.

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3 years ago

On January 1, 2020, Franchisee Inc. enters into a contract with Italian Fine Dining Inc. for the right (beginning immediately) t

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Answer: $22,000

Explanation:

The total revenue to be recognized by Italian Fine Dinning Inc. is the standalone selling price for the franchise services which is $88,000.

As this contract is for a four year period, Italian Fine Dinning Inc will have to recognize the above revenue over a period of 4 years.

Revenue in December 2020 will therefore:

= 88,000 / 4

= $22,000

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3 years ago