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2 years ago

Strategically , a company may phase out or sell an sbu. this is known as

1 answer:

6 0

Strategically, a company may phase out or sell an SBU this is known as DIVESTMENT.
Divestment is the process of selling an asset to obtain financial goals. Divesting involves a company selling its assets to improve its value and obtain higher efficiency.

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Juarez builders incurred $285,000 of labor costs for construction jobs completed during the month of august, of which $212,000 w

Feliz [49]

The answer is

debit work in process inventory $212,000; credit factory wages payable $212,000.

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2 years ago

Read 2 more answers

Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat

kicyunya [14]

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

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1 year ago

Griffin and Rhodes formed a partnership on January 1, 2009. Griffin contributed cash of $120,000 and Rhodes contributed land wit

Tresset [83]

Answer:

correct option is B. $15,000

Explanation:

given data

contributed cash = $120,000

Fair Value of land = $160,000

originally paid = $90,000

Sale value of land = $190,000

to find out

how much of the gain from sale of land should be credited to Griffin for financial accounting purposes

solution

gain on sale is here as

gain on sale = Sale value of land - Fair Value of land -

Gain on sale of land = $190,000 - $160,000

Gain on sale of land = $30000

split the $30000 between the equal partners for a total gain credited to Griffin

total gain credited to Griffin = $15000

so correct option is B. $15,000

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2 years ago

Ibrahim’s company is in the process of developing what he feels is a complex and risky project. Ibrahim has decided to use a dev

nika2105 [10]

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2 years ago

Where does the management accounting function fit into an organization's structure?

LUCKY_DIMON [66]

Management accounting is the process of measuring and analyzing financial and non-financial information that is relevant to the company. This is an important part of the Controller’s function in an organization since the Controller directly reports to the chief financial officer. The report contains pieces of information which contributes in making strategic decisions to achieve the goal of the organization.

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2 years ago