Business, 04.04.2020 01:00 gilliandooley1002
November 1, 2018, Jamison Inc, adopted a plan to discontinue its barge division, which a separate component of the business according to GAAP regarding discontinued qualifies as opera December 31, 2018, the company's year-end, the following information relative to the tions. The disposal of the division was expected to be concluded by April 30, 2019. On discontinued division was accumulated: Operating loss Jan. 1-Dec. 31, 2018 Estimated operating losses, Jan. 1 to April 30, 2019 Excess of fair value, less costs to sell, over book value at Dec. 31, 2018 $ 65 million 80 million 15 million In its income statement for the year ended December 31, 2018, Jamison would report a before- tax loss on discontinued operations of: A) $65 million. B) $50 million. C) $130 million. D) $145 million.
Answers: 3
Business, 23.06.2019 00:50
On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
Answers: 3
Business, 23.06.2019 11:50
Iceberg storage, a leading hard drive manufacturer, recently filed for bankruptcy. while most of iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, iceberg invested most of its retained earnings in the effort to improve its hard drives. once the hard-drive market drastically declined, iceberg storage was unable to capitalize on the new technology. which of the following does this scenario best illustrate a. causal ambiguity b. knowledge diffusion c. social complexity d. path dependence
Answers: 2
Business, 24.06.2019 00:30
Janice is a baby boomer, born in 1959. between the ages of 18 and 50, she held only five jobs. according to a study published by the bureau of labor statistics in 2015, janice's experience is below the job average for people born from 1957 to 1964, who held an average of jobs between the ages of 18 and 48.
Answers: 1
Business, 24.06.2019 01:30
Asteel company sells some steel to a bicycle company for $100. the bicycle company uses the steel to produce a bicycle, which it sells for $200. taken together, these two transactions contribute
Answers: 2
November 1, 2018, Jamison Inc, adopted a plan to discontinue its barge division, which a separate co...
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