On October 28, 2013, Mercedes Company committed to a plan to sell a division that qualified as a component of the entity according to GAAP regarding discontinued operations and was properly classified as held for sale on December 31, 2013, the end of the company's fiscal year. The division's loss from operations for 2013 was $2,000,000. The division's book value and fair value less cost to sell on December 31 were $3,000,000 and $2,500,000, respectively. What before-tax amount(s) should Mercedes report as loss on discontinued operations in its 2013 income statement? Group of answer choices

Answers

Answer 1

Answer: $2,500,000

Explanation:

Discontinued operations is when a particular division in a company shutdown.

With regards to the above question, the before-tax amount that Mercedes should report as loss on discontinued operations in its 2013 income statement will be:

= $2,000,000 + ($3,000,000 - $2,500,000)

= $2,000,000 + $500,000

= $2,500,000


Related Questions

Suppose you are a human resource professional at a company setting up work
teams for production and sales. Explain at least four legal requirements which need
to be embedded in your pay structure to support this new work arrangement.

Answers

If I were a human resource professional at a company setting up work teams for production and sales, the four legal requirements that need to be embedded in my pay structure to support this new work arrangement are:

The nation's minimum yearly salary.State minimum wage is paid.Minimal wage for the employees.A flat wage for the position.

What will the legal requirements  be about?

A group incentive plan is a form of compensation that bases pay on the collective performance of a team and emphasizes cost-cutting, productivity growth, and achieving organizational objectives.

I supposedly work in human resources for a company that organizes work teams for sales and production and I would suggest the below point to encourage this new work arrangement:

Teams that are unable to function independently are provided group incentive plans. They are only able to function in teams, and the job itself necessitates it.

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A fixed budget performance report not only compares results, but also indicates if the variances are:_______.

Answers

Answer:

favorable or unfavorable

Explanation:

The fixed budget performance report is a report that analyzes and compared the actual number with the expected number in terms of performance. It not only compared the results generated from the actual and standard one but also represent whether the variance is favorable or unfavorable

hence, the answer is favorable or unfavorable

The following information is available for Birch Company at December 31: Money market fund balance $ 2,810 Certificate of deposit maturing June 30 of next year $ 15,200 Postdated checks from customers $ 1,525 Cash in bank account $ 22,631 NSF checks from customers returned by bank $ 670 Cash in petty cash fund $ 220 Inventory of postage stamps $ 20 U.S. Treasury bill purchased on December 15 and maturing on February 28 of following year $ 10,200 Based on this information, Birch Company should report Cash and Cash Equivalents on December 31 of:

Answers

Answer:

$35,861

Explanation:

Calculation for the Cash and Cash Equivalents on December 31 using this formula

Cash and Cash Equivalents = Money Market Fund Balance + Cash in Bank account + Cash in Petty Cash Fund + U.S. Treasury Bill

Let plug in the formula

Cash and Cash Equivalents = $2,810 + $22,631 + $220 + 10,200

Cash and Cash Equivalents = $35,861

Therefore the Cash and Cash Equivalents on December 31 will be $35,861

Tina and Lynn have decided to start a bed and breakfast in their mountain town. They don't want to spend a lot of money to set up their business because they'd rather put the money into creating an inviting place for guests to stay. They know they need to set their business up with some legal protection that separates their personal assets from their business assets. Which form of business would be best for them?
Corporation
Limited liability corporation
Partnership
Sole proprietorship

Answers

A Limited liability corporation would be the ideal business setup for Tina and Lynn based on their needs.

What is a Limited liability corporation?

It corresponds to a legal business structure where there is greater protection for partners and investors by providing for the separation of personal assets from commercial assets in the event of economic losses.

Therefore, based on the need to protect their personal assets, a limited liability company would be the ideal form of business for them.

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Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.

Answers

We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.

Funds for starting the business: $1 million in funding from Andy Bechtolsheim.

Employee data: over 160,000 employees worldwide.

What is a company?

A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.

Their products are digital and online services.

Comparing this company, we see Microsoft.

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John Farrer is a senior executive and a shareholder in Secured Insurance Company Ltd. Part of the company's business is involved in share broking on the JSE Securities. It has come to his attention via a friend, Shore Shrewd that the price of platinum shares is about to escalate in the next few days. Based on this inside information, John buys 1 million shares at the going rate of R1.00 a share in his personal capacity. Two weeks later the platinum shares rocket to R5.20 per share. The Secured Insurance share portfolio strengthens immensely and John personally makes a huge profit.discuss ethical principles that is illustrated in this case

Answers

Based on the fact that John Farrer traded on platinum shares on insider information, the ethical principles involved in this case are:

Material nonpublic information Insider trading

What is insider trading?

Insider trading refers to when a person buys or sells shares of a company based on information from inside the company that would affect the price of that stock.

Insider trading is both illegal and unethical because it puts some people at an unfair advantage over others in the market.  The information that a person gets from insider trading can only be considered to be insider trading if the the information acquired was material and yet nonpublic at the time.

John Farrer got some material information because it led to huge profits, and yet it was nonpublic because others did not know it. He therefore acted unethically and engaged in insider trading.

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Why is career success dependent upon an individual's ability to develop and apply their diversity consciousness?

Answers

Answer:

Career success is based on ones ability to recognize and apply diversity consciousness because one is able to associate well with his/her colleagues.

Explanation:

Why do globalization and increasing interdependence pose risks to the global
economy?
O A. Global production cannot be as efficient as national production.
B. Disruptions in one place have effects everywhere.
C. There is no consistent set of international regulations.
D. Worldwide competition leads to market concentration.
SUBMIT
w
< PREVIOUS​

Answers

Answer:

B.Disruptions in one place have effects everywhere is the correct answer.

Explanation:

Globalization and increasing interdependence have increased competition among the local and international business and because of advancement in globalization, the countries are dependent on each other to get resources that created an interdependence.

As the countries to run their business are interdependent on the countries and when there is any disruption in the one place it will have its impact everywhere as they are dependent on each other for the resources due this global economy gets affected.

Globalization and increasing interdependence has also unfavorable effect on the local economies.

What is the purpose of horizontal communication?

Answers

Answer:

Built for communication across roles instead of from top down.

Explanation:

To promote coordination and cooperation among employees with a similar rank, position, or status in the company.

One challenge to successful ERP implementation is the cost and disruption associated with upgrades when _____.
a. the enterprise system must operate independently of other systems b. the enterprise system must conform to current company operations c. system users do not require extensive training d. multiple other systems must be integrated with the enterprise system

Answers

obstacles to implementing business systems successfully. Price and inconvenience of upgrades. Cost and a protracted implementation schedule. poorly managed projects.

Management of organisational transformation and change resistance. software functionalities that are not working. being unable to reduce ERP implementation expenses The most difficult aspect of an ERP adoption is often business change. not verifying the system requirements. The most crucial element of an effective ERP deployment is your system needs. You must be aware of your existing and future business needs before you can even begin choosing your ERP software. A centralised location where you can gather, store, and analyse data from all of your activities using an ERP system gives you a single source of truth and the visibility you need to make better informed decisions.

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Which of these is not a way to reduce employees' stress?

Select one:

a.
Help out

b.
Promote collaboration

c.
Encourage tense situations

d.
Ask for input

Answers

The correct answer would c

2022 ahip test results answers

Answers

Answer:

Mr. Davis is 52 years old and has recently been diagnosed with end-stage renal disease (ESRD) and will soon begin dialysis. He is wondering if he can obtain coverage under Medicare. What should you tell him?

He may sign-up for Medicare at any time however coverage usually begins on the fourth month after dialysis treatments start.

Licensee Gwen and her buyer client Marcus are writing up an offer on Clayton’s property Gwen will need to use an additional provision in the offer which of the following reasons for using an additional provision apply

Answers

Licensee Gwen and her buyer client Marcus are writing up an offer on Clayton’s property Gwen will need to ask the seller to pay closing costs. This is more common in a cold market.

What is cold market?

The term "cold market" describes a salesperson's potential future clients. Warm market is the opposite of a chilly market. Warm market is defined in sales and direct marketing as marketing to individuals you know, such as friends, family, referrals, or current clients.

The target or potential clients don't know you or your business. In a market, customer relationships are crucial.

It is simpler for us to support the product when we have a relationship with the customer, such as a family, friend, or relative. When we sell to these reputable individuals, there will be credibility, accountability, and security.

However, we must begin by taking baby initiatives to earn the trust of new acquaintances. For the relationship to develop, we need to put in more time and effort.

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Question 8 of 19
Which of the following is a benefit of division of labor?
O A. Workers become better at their tasks.
B. Salaries increase.
C. Governments gain control of incentives.
D. Taxes outpace profits.
PLEASE PLEASE PLEASE NO LINKS!!!!!!!!!!!!

Answers

The answer is A. every worker is assigned a job that suits his skills, experience, training and attitude thus making room for improvement and become better at their tasks

One goal of the Occupy Movement was to encourage the practice of bank bailouts.
Group of answer choices

True

False

Answers

True I think I’m not sure :/

Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?

Answers

Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.

Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.

Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.

Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.

Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.

Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.

Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.

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The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of

Answers

Answer: descriptive statistics

Explanation:

The owner of a factory regularly requests a graphical summary of all employees' salaries. The graphical summary of salaries is an example of the descriptive statistics.

Descriptive statistics refers to the branch of statistics that describes features of a data that are involved in a study. The main idea behind the descriptive statistics is simply to provide a summary of the samples that are done on a certain study.

A company uses the periodic average cost inventory method. On August 1, it purchases 5 units units of inventory at $6.50 and on August 20, it purchases 10 units at $7.25. There are 3 units of inventory left at the end of the month. How much is cost of goods sold?

Answers

There are just 3 units of inventory left at the end of the month. The price for the goods sold was $82.50.

How does the average cost technique determine ending inventory?

Tally every each item in the inventory that is still unsold. Then, multiply that amount by the typical item cost. The result is the overall average cost of ending inventory.

What is the regular inventory's average cost approach?

The periodic average cost technique examines inventory by taking into account all period expenditures, invoices, and other alterations that are only known at the end of the period. It is beneficial to periodically value the inventory.

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Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?

Answers

The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.

It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.

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WILL GIVE BRAINLIEST PLS ANSWER

Kato is getting ready to sign a complicated contract at work. What is the BEST advice for him?

A.
Obtain an exact copy of the contract at the time it is signed.

B.
Don’t waste everyone’s time by reading every single word.

C.
Lawyers are not helpful when dealing with contracts.

D.
Leave blank spaces empty, as they will be filled in after you sign the contract.

Answers

The answer is A, that way you have all the fine print

The best advice for Kato while signing the contract at work is to obtain an exact copy of the contract at the time it is signed. Thus the correct answer is A.

What is the contract?

A contract refers to an agreement chosen by giving an offer and acceptance by both the parties involved with the enforceability of law.

When Kato is getting ready to sign a challenging contract at work, he should make sure to get an exact copy of the document. This helps him to keep evidence so that he can utilize it in future references.

The exact copy of the contract helps him to remember things clearly by revising at home.

Therefore, option A is appropriate.

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I need help on coming up on followership conclusion idea?

Answers

Effective followership is an essential component of successful leadership initiatives.

Emphasize the importance of followers in any leadership dynamic when it comes to followership. They are critical in attaining organizational goals, assisting leaders, and promoting positive change.

Emphasize the symbiotic link that exists between leaders and followers. Effective followership entails actively participating, contributing ideas, and collaborating with leaders to achieve common goals.

Emphasize the importance of lifelong learning and leadership development. Encourage people to look for ways to improve themselves.

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(2+45) + [(+3) + (-4)] + {(+6) + [(-14) + (-13) + (+9)] + (-17)}

Can someone please help me to do this step by step? :(​

Answers

Answer:

10

Explanation:

first solve in parenthesis

2+45) + [(+3) + (-4)] + {(+6) + [(-14) + (-13) + (+9)] + (-17)}

46+(-1)+(-35)

46-1-35

10

hope this helps

brainliest?

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.

Answers

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called "Universal Basic Income."

What is Universal Basic Income?

A proposed government guarantee of a monthly payment to every citizen is known as universal basic income. Its goal is to guarantee that everyone has the resources to buy needs and raise their standard of living.

Some key features of universal basic income are-

The fundamental concept under an universal basic income is to allocate tax revenue to fund programs that pay everyone who lives under that government's control. To fund this scheme, a state or the federal government could divert a set amount of tax revenue, which would then be distributed to the locals.For instance, the payment system linked to a nation's economic output is suggested by economist Kalle Moene & Debraj Ray. According to their estimates, between 10 and 12 percent of the gross domestic product may be allocated to universal income transfers. Payments would fluctuate according on the level of income and inflation in the nation under this arrangement.

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The standardized shipping container, along with the BLANK to enable it to be integrated into companies’ processes, made it much easier to transport goods around the world, by eliminating the need to repack them every time the mode of transportation changed. This illustrates the key role of BLANK and integrated systems for managing it as factors of production.


Fill in the blanks.


Options:

supply chain management

consumption

inspect

physical capital

natural resources

human capital

transport ship

Answers

Answer:

1. supply chain management and 2nd blank is physical capital

Explanation:

The standardized shipping container, along with the supply chain management enables it to be integrated into companies’ processes, making it much easier to transport goods around the world, by eliminating the need to repack them every time the mode of transportation changes. This illustrates the key role of physical capital and integrated systems in managing it as a factor of production.

What is Supply Chain Management?

SCM is the integrated planning and execution of processes needed to control the flow of goods, information, and capital investments in activities that broadly include demand planning, product sourcing, production, inventory management and storage, transportation — or logistics — and exchanging overstock or defective goods.

Today's supply chains must be managed using technology, and ERP suppliers provide modules that concentrate on important SCM tasks. There are additional vendors of business software who specialize in SCM.

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A for-profit institution that works with the general public to open and manage
savings accounts is known as a(n).
A. commercial bank
B. savings bank
C. credit union
D. investment bank

A for-profit institution that works with the general public to open and managesavings accounts is known

Answers

Answer:

B. savings bank

Explanation:

Savings bank is defined as a bank which helps customers or people to invest or deposit in interest giving accounts that will give a long term investment.

Savings bank were started in Europe in the 19th century. Saving banks gives interest on the deposit amount that is why its is a for-profit institution for general public. The interest saving banks give by investing in government and corporate debt.

Hence, the correct answer is "B. savings bank".

Managing debt begins with

Answers

Refreshing your budget

During 2009, Accent Toys Plc., which began business in October of that year, purchased 15,000 units of a toy at cost of $10 per unit in October. The toy sold well in October. In anticipation of heavy December sales, Accept purchased 7,000 additional units in November at a cost of $11 per unit. During 2009, Accent sold 18,000 units at a price of $15 per unit. Under the first in, first out (FIFO) method, what is Accent's cost of goods sold for 2009?

Answers

Answer:

$183,000

Explanation:

The computation of the cost of goods sold using the FIFO method is shown below:

= Number of units purchased × per unit + additional units purchased × per unit

= 15,000 units × $10 + 3,000 units × $11

= $150,000 + $33,000

= $183,000

Since there are 18,000 units are sold

out of which 15,000 are at $10 and the remaining 3,000 units are at $11 and the same is to be considered    

Why is pillar content important

Answers

Content pillars will help you get clarity on your niche, while also building trust and helping your audience grow faster. There's another huge benefit: By creating content your target audience wants, they will spend longer on your site's pages and engage with your posts.

introduction of business presentation on investment: securities​

Answers

Securities play a vital role in modern investment portfolios, providing individuals and organizations with opportunities to grow their wealth and achieve their financial goals.

Securities are financial instruments that represent ownership or a creditor relationship with a corporation, government, or other organizations. They are tradable assets, such as stocks, bonds, mutual funds, and exchange-traded funds (ETFs).

The primary goal of investing in securities is to generate returns through capital appreciation, income generation, or a combination of both. By investing in securities, individuals and businesses can diversify their portfolios, mitigate risks, and potentially earn higher returns than traditional savings accounts.

Securities offer various advantages to investors. Stocks provide an ownership stake in a company, offering potential capital gains and dividend income. Bonds, on the other hand, represent loans made to governments or corporations and offer fixed interest payments. Mutual funds and ETFs enable investors to pool their money and gain exposure to a diversified portfolio managed by professionals.

Investing in securities requires careful consideration of individual risk tolerance, investment horizon, and financial objectives. It is crucial to conduct thorough research, analyze market trends, and seek professional advice when making investment decisions.

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on july 6,sunland company purchased equipment for $2900 cash. As a result of this transaction

Answers

As a result of this transaction, A. Sunland Company's assets increased by $2,900.

What happens when equipment is purchased ?

When Sunland Company acquires equipment by paying in full, the value of the company's assets gets boosted by the equivalent amount of the purchase price. The reason behind this is that the company now owns the equipment as one of its valuable possessions. The liabilities and equity of the company remain constant without any alterations.

This transaction results in a $2, 900 increase in the Equipment account and a corresponding decrease in the Cash account. By entering the transaction, the company's assets have been augmented by a sum of $2, 900.

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Options include:

Sunland Company's assets increased by $2900.

Sunland Company's liabilities increased by $2900.

Sunland Company's equity decreased by $2900.

Sunland Company's assets and equity increased by $2900.

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one of the more recent tools for the fed to alter the money supply is paying on excess reserves held at the fed. T/F 9. David traveled from Brunswick Maine to Sandiego California. The distancebetween the cities is approximately 3.2 x 10 miles and the trip took 4days.How many miles, written in scientific notation, did David travel per day? Nine hundred ninety two hundred thousandths wrote in decimal form Modified True or False Direction: Write True if the statement is correct. If it is incorrect, underline the word that makes the statement untrue then write the correct word. Write your answer in your test notebook. ________1. Mango is an example of fruit with high acidity. ________2. Foods with low amounts of hydrogen ion have low ph. ________3. Oily products tend to spoil slowly when inadequately packaged. ________4. When foods undergo chemical processes, foods may already be considered spoiled. ________5. Secondary package allows for the unit packs to be carried in bulk. ________6. Use of the primary package is normally for bulk transport in large warehouses. ________7. Foil packaging is one of the oldest and most common methods of food packaging in homes. ________8. Manufacturers should appear on the label of the food package. ________9. Canned foods come in a limited variety. ________10. When labelling, instructions for use should appear on the food package. Jason wants to receive monthly payments of $3,250 for 15 years. How much does he have to invest now in an annuity that has an annual interest rate of 3.6% to achieve his goal? Round your answer to the nearest hundred. Answer: $451,500 What are 3 reasons for imperialism and 3 reasons against imperialism? A block of wood is measured, as shown in the diagram below.What is the length of the wooden block in millimeters? what are some of the most important ways that indian buddhism is unique? do you see any conflicts between some of the more yogic forms of buddhism and the buddhism of the elders? I need help with my math A LITTER OF STAIN COVERS 100 SQUARES HOW MANY FEET LITTER SHOULD YOU BUY TO STAIN THE WHEEL CHAIR RAMP? find cf dr where f=xi 4zyj xk and c is r=ti t2j t3k for 2t3. what is the correct equation for calculating kinetic energy?1. kinetic energy = potential energy - total energy 2. kinetic energy = total energy - potential energy 3. kinetic energy = 1/2 x (total energy + potential energy) 4. kinetic energy = potential + total energy The map above shows the water and land routes taken by the __________ on the Trail of Tears.A.SeminoleB.CreekC.CherokeeD.ArapahoPlease select the best answer from the choices provided which patient is most likely to have an indication for a non rebreather mask the ________________ in christ in majesty reflects the byzantine style. use the electron configurations of no and n2 to predict which is likely to have the shorter bond length. no has a length. please help me fast!! ( It's about y- intercept) Quick help........... A client is admitted to the hospital for a subtotal thyroidectomy. when discussing postoperative medication therapy with the client, which advice will the nurse include in the teaching? 9) Willie took a trip to Oman. Upon leaving he decided to convert all of his Rials back into dollars. How many dollars did he receive if he exchanged 12 Rials at the rate of 1 Rial to $3? 10) A rectangle is 2 in wide and 1 in tall. If it is enlarged to a width of 14 in then how tall will it be?