When reporting discontinued operations, why should the income (loss) from a segment be disclosed separately from the
Question:
When reporting discontinued operations, why should the income (loss) from a segment be disclosed separately from the gain (loss) on disposal of the segment’s assets? Where is this information usually found? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
When reporting discontinued operations it is important to disclose the income or loss from a segment ...View the full answer
Answered By
Churchil Mino
I have been a tutor for 2 years and have experience working with students of all ages and abilities. I am comfortable working with students one-on-one or in small groups, and am able to adapt my teaching style to meet the needs of each individual. I am patient and supportive, and my goal is to help my students succeed.
I have a strong background in math and science, and have tutored students in these subjects at all levels, from elementary school to college. I have also helped students prepare for standardized tests such as the SAT and ACT. In addition to academic tutoring, I have also worked as a swim coach and a camp counselor, and have experience working with children with special needs.
0.00
0 Reviews
10+ Question Solved
Related Book For
Introduction To AccountingAn Integrated Approach
ISBN: 9781119600107
8th Edition
Authors: Penne Ainsworth, Dan Deines
Question Posted:
Students also viewed these Business questions
-
Why should the income (loss) from discontinued operations be disclosed separately from the gain ( loss) on disposal of a segment? Where is this information usually found? Why?
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
Cost of goods available for sale consists of two elements: beginning inventory and: (a) ending inventory. (b) cost of goods purchased. (c) cost of goods sold. (d) All of the answer choices are...
-
Compute the Z score for Giant Motors Corporation (GMC) given the following information for year-end 2012: At what share price would GMC have a Z score equal to 3.00? How does the future look for GMC?...
-
develop conceptual skills to integrate all types of human behavior,
-
4. [QUOTIENT RULE] Let f : Rn -> R be differentiable at a with f (a) f 0. (a) Show that for Ilhll sufficiently small, f(a+h) f 0. (b) Prove that D f(a)(h)/llhll is bounded for all h ERn \ {o}. (c)...
-
The widget industry is a constant-cost industry, so that all firms are identical. The following chart shows the industry-wide demand curve and the marginal cost curve of a typical firm: The industry...
-
Myers Company uses a flexible budget for manufacturing overhead based on direct labor hours. Variable manufacturing overhead costs per direct labor hour are as follows. Indirect labor Indirect...
-
Find the effective value of the voltage waveform in Fig. 11.57. v(t) LI-LI 0 2 46 8 10
-
Refer to the income statement of Walt Disney Company (www.disney.com) or (EDGAR at SEC.gov) and answer the following questions: A. What was the income from operations during the year? B. What was the...
-
Refer to the income statement of Pepsico, Inc. (www.pepsico.com) or (EDGAR at SEC.gov), and answer the following questions: A. What was the income from operations during the year? B. What was the...
-
Find the minimum spanning tree for each of the graphs in Problems 3342. A 25 H 71 10, B 18 C 52 20 70 40 23, 20 45 15 J 55 15 I 80 G 61 F 19 25 D 35 E
-
Melannie Inc. sold $8,200 worth of merchandise on June 1, 2015 on credit. After inspecting the inventory, the customer determined that 10% of the items were defective and returned them to Melannie...
-
2. (20 marks) A firm wishes to produce a single product at one or more locations so that the total monthly cost is minimized subject to demand being satisfied. At each location there is a fixed...
-
Evaluate your own negotiation way. Do you have one? how you consider having an excellent negotiaiton skill could help any business person to achieve its goals.
-
j. Interest was accrued on the note receivable received on October 17 ($100,000, 90-day, 9% note). Assume 360 days per year. Date Description Dec. 31 Interest Receivable Interest Revenue Debit Credit
-
A Chief Risk Officer (CRO) is interested in understanding how employees can benefit from AI assistants in a way that reduces risk. How do you respond
-
The JC Penney department store chain segments the market for womens apparel by its identification of values. The three segments are: 1. Conservative 2. Traditional 3. Contemporary Questionnaires...
-
Calculate the change in entropy when 100 kJ of energy is transferred reversibly and isothermally as heat to a large block of copper at (i) 0 C, (ii) 50 C.
-
When would a producer or intermediary find it desirable to use a public warehouse rather than a private warehouse? Illustrate, using a specific product or situation.
-
Discuss the distribution center concept. Is this likely to eliminate the storing function of conventional wholesalers? Is it applicable to all products? If not, cite several examples.
-
Clearly differentiate between a warehouse and a distribution center. Explain how a specific product would be handled differently by each.
-
Required : a- outline the statement of comperhensive income for the year ended 30 november 2021 b- outline the statment of financial position as at 30 November The Trial Balance of Alim Enterprise at...
-
International business and environment The MIR requires teams to gather current, or the most recently available, data on the markets people, economy, government, and technological status from online...
-
Consider the following stream of cash flows. The interest rate is 10%. 0 1 2 3 4 5 6 7 100 100 100 200 0 300 300 300 a) What is the value at time 0 of the cash flow stream? b) What is the value of...
Study smarter with the SolutionInn App