subject
Business, 29.10.2019 01:31 sama3638

On september 1, 2018, jacob furniture mart enters into a tentative agreement to sell the assets of its office equipment division. this division qualifies as a component of the entity according to gaap regarding discontinued operations. the division's contribution to jacob's operating income for 2018 was a $3.80 million loss before taxes. jacob has an average tax rate of 30%.

scenario 1: assume that jacob sold the division's assets on december 31, 2018, for $24.80 million. the book value of the division's assets was $19.72 million at that date.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:50
Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?
Answers: 3
question
Business, 21.06.2019 21:00
After discussing the options, the strategic management team has agreed that the pod coffee idea works well with the company's mission statement and decides that the company should move forward in exploring the pod coffee idea. in order to make sure that the pod coffee idea is a good one, and to see if there are other potential future endeavors to pursue, you must analyze the market situation and formulate a strategy. your boss asks you to start working on the pod coffee idea. what is your first stepa. your first step is to formulate a strategy for how to market the pod coffee concept. b. your first step is to consult with your boss and find out what he thinks about the pod coffee idea. c. your first step is to do some research to find out what your competitors are doing. d. your first step is to analyze the organization's strengths, weaknesses, opportunities, and threats.
Answers: 2
question
Business, 22.06.2019 11:50
True or flase? a. new technological developments can us adapt to depleting sources of natural resources. b. research and development funds from the government to private industry never pay off for the country as a whole; they only increase the profits of rich corporations. c. in order for fledgling industries in poor nations to thrive, they must receive protection from foreign trade. d. countries with few natural resources will always be poor. e. as long as real gdp (gross domestic product) grows at a slower rate than the population, per capita real gdp increases.
Answers: 2
question
Business, 22.06.2019 13:30
1. is the act of declaring a drivers license void and terminated when it is determined that the license was issued through error or fraud.
Answers: 2
You know the right answer?
On september 1, 2018, jacob furniture mart enters into a tentative agreement to sell the assets of i...
Questions
question
Mathematics, 01.11.2019 08:31
question
Mathematics, 01.11.2019 08:31
question
Social Studies, 01.11.2019 08:31