Regarding discontinued operations, which of the following statements is correct?

A) Gains and losses on the sale of plant assets are reported as discontinued operations.
B) A loss on discontinued operations is reported with an addition for the applicable income tax.
C) A loss on discontinued operations is included with an addition for the income tax savings on the loss.
D) The disposal of the financing segment of a large corporation would be reported as a discontinued operation.


D) The disposal of the financing segment of a large corporation would be reported as a discontinued operation.

Business

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Beckham Corporation has 3,000 shares of $100 par value, 7 percent cumulative preferred stock, and 10,000 shares of $10 par value common stock outstanding during its first five years of operation. Beckham Corporation paid cash dividends as follows: 2006, $30,000; 2007, $0; 2008, $65,000; 2009, $30,000; 2010, $15,000 . The amount of dividends received by the common stockholders during 2009 was

a. $11,000. b. $13,000. c. $9,000. d. $15,000.

Business

How does positive reinforcement become extinction?

a. positive reinforcement cannot become extinction b. when a desirable action is not rewarded c. when the reward loses its value d. when a third party receives an unforeseen negative consequence

Business

With the advent of contracts being formed online, why has the need for the mailbox rule which a majority of the courts uphold under the common law of contracts become obsolete?

Business

Use this information for questions that refer to the United Tools case.Terry Harter is marketing manager for United Tools, and Mike O'Reilly is the firm's logistics manager. They work together to make decisions about how to get United's hand and power tools to its customers-a mix of manufacturing plants and final consumers (who buy United tools at a hardware store). United Tools does not own its own transport facilities, and it works with wholesalers to reach its business customers.Together, Harter and O'Reilly try to coordinate transporting, storing, and product-handling activities to minimize cost while still achieving the customer service level their customers and intermediaries want. This usually requires that United keep an inventory of most of its products on hand; but demand for

its products is fairly consistent over time, so inventory is easy to manage.Harter has identified four options for physical distribution systems she could use to reach two of her key wholesalers, Ralston Supply and Ricotta Tool Co. The total cost for each option-and the distribution service levels that can be achieved-are as follows:Ralston Supply expects a very high level (90 percent) of distribution customer service. Ricotta Tool Co. is willing to settle for a 70 percent customer service -leveleven if that means some products will occasionally be out of -stockif it gets products at a lower price.For its large retail hardware customers (like Home Depot), United regularly ships smaller orders directly to individual stores or in some cases to the retail chain's warehouses. Cross-country shipments usually go by rail, while regional shipments usually go by truck. One of United's biggest customers has placed a very large, heavy order. Its warehouse is in a location served by all transport modes, and the customer has directed United to ship the order by the mode with the lowest transport costs. In this situation, United will probably ship the tools by

A. truck.
B. railroad.
C. waterways.
D. airfreight.

Business