The operating income for TRX Inc. is $100 million. If the cost of goods is $30 million, SGA expenses are $15 million, and other operating expenses are $5 million, find the sales revenues for TRX
A) $200 million
B) $100 million
C) $50 million
D) $150 million
E) $25 million
D
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At December 31, 2017, a company reported the following minority passive equity investments and related items: Investments in trading securities (at cost): $500,000Investments in available-for-sale securities (at cost): $350,000Accumulated other comprehensive income from investments in AFS securities: Unrealized gain of $30,000Fair value adjustment?Trading securities: Unrealized gain $ 25,000 Required:Prepare the journal entries on 1/1/2018 to transition to the new rules for minority passive equity investments (ignore income tax).
What will be an ideal response?
Activity-based costing applies only to production-related activities
Indicate whether the statement is true or false
While many commercials that use sex appeals gain the attention of the audience, they
A. don't appeal to the Generation Y cohort. B. wear out quickly, boring the consumer. C. contain no information to help consumers. D. do not always lead to changes in consumers' recall, recognition, or purchase intent. E. do not appeal to either men or women.
The .ics extension indicates that a plain text file contains ________ code
A) HTTP B) SMTP C) iCalendar D) hashtag