3 years ago

On an income statement the discontinued operations section refers to.

1 answer:

5 0

Answer:

parts of a company's core business or product line that have been divested or shut down, and which are reported separately from continuing operations on the income statement.

You might be interested in

On December 31, the Income Summary account of Madison Company has a debit balance of $111,000 after revenue of $117,000 and expe

loris [4]

Answer:

a) See the image attached for the sheet of closing entry

b) New balance = (174000-111000-12000) = 51000

8 0

4 years ago

Radoski Corporation's bonds make an annual coupon interest payment of 7.35% every year. The bonds have a par value of $1,000, a

gtnhenbr [62]

Answer:

YTM = 0.6940%

Explanation:

THe Yield to Maturity (YTM) is the return that you expect from the bond if you held the bond till maturity.

The formula would go as:

YTM = $\frac{F}{P}^{\frac{1}{n}} -1$

Where

F is the face value, or par value

P is the current price

n is the time period, maturity period

Given,

F = 1000

P = 920

n = 12, we have:

YTM = $\frac{F}{P}^{\frac{1}{n}} -1 = \frac{1000}{920}^{\frac{1}{12}} -1=0.006972$

Thus, the yield to maturity would be:

YTM = 0.6940%

5 0

4 years ago

As the video showed, there are many people who are so concerned about the viability of banks, and indeed the entire financial sy

sergeinik [125]

Hard question thx for the points give me brainlest points plz

6 0

3 years ago

Economic efficiency is A. a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its

pickupchik [31]

Answer: Option B

Explanation: Economic efficiency refers to a situation when all the resources that exist in an economy are allocated in such a way that all the individuals and entities in the economy is getting the maximum utility out of them.

In an efficient economy the surplus of both consumer and supplier are maximum and any increase or decrease in resource allocation will only result in harm of the economy.

Hence from the above we can conclude that the correct option is B.

5 0

4 years ago

assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has cost of $100. the

MakcuM [25]

Answer:

$80,000

Explanation:

Missing word <em>"and has average variable costs of $100"</em>

<em />

Note: AVC = Average variable cost, TVC = total variable cost

AVC = TVC / Output

$100 = TVC/800 units

TVC = $100*800 units

TVC = $80,000

So, the firm's total variable costs are $80,000.

4 0

4 years ago