Revenues from marketable securities and investments in securities, interest expense on borrowings, and gains and losses from peripheral activities appear as _____. The firm expects these sources of earnings to continue
a. income from continuing operations
b. income, gains, and losses from discontinued operations
c. extraordinary gains and losses
d. retained earnings
e. paid-in-capital
A
You might also like to view...
The Internet is the fastest method of obtaining data from a large number of respondents. There are many reasons for this speed. Which of the following is not one of those reasons?
A) the speed with which the questionnaire can be created B) the speed with which the incentive is sent C) the speed with which the questionnaire is distributed to respondents D) the speed with which the data are returned
In a machine-intensive production environment, the most accurate cost driver of manufacturing overhead costs is usually ________.
A) direct labor costs B) direct labor hours C) direct materials used D) machine hours
External communication includes sharing ideas and messages with superiors, coworkers, and subordinates
Indicate whether the statement is true or false
Owen and Pablo enter into a contract for a sale of fifty Western saddles. Pablo pays, but Owen does not deliver. Pablo can normally recover as damages the difference between A) any loss avoided and any profit gained
B) the actual price and the hoped-for price. C) the contract price and the market price. D) the current prices in the parties' locations.