Which of the following is not a requirement for a business component to be considered an...
Which of the following is not a requirement for a business component to be considered an Operating Segment under current Canadian GAAP?
Homework Answers
Operating segment not applicable for following entities :
Parent entities , subsidiary , Joint venture , Investment in Equity . Also in case of Not for profit entities +non public entities
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Which of the following is not a requirement for a business
component to be considered an...
Which of the following is NOT a typical requirement for a project system, subsystem, or component?...
Which of the following is NOT a typical requirement for a project system, subsystem, or component? a. compatibility b. reliability c. usability d. analysis
1. Which of the following is "not" a key component of strategy execution? a. niche marketing...
1. Which of the following is "not" a key component of strategy execution? a. niche marketing b. supportive organizational structure c. staffing d. strengthen core competencies 2. The effective allocation of key resources is critical to managing internal operations. a. true b. false 3. Which of the following is "not" a good question to evaluate whether or not a company has effective leadership? a. is the company meeting its' targets - financial and marketing? b. does the company have a...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according...
The semiconductor business of the California Microtech
Corporation qualifies as a component of the entity according to
GAAP. The book value of the assets of the segment was $16 million.
The loss from operations of the segment during 2021 was $4.40
million. Pretax income from continuing operations for the year
totaled $7.60 million. The income tax rate is 25%. Assume instead
that the estimated fair value of the segment’s assets, less costs
to sell, on December 31 was $13 million...
Which of the following would not be considered an example of a discontinued operation? Shifting production...
Which of the following would not be considered an example of a discontinued operation? Shifting production processes within an operation Elimination of a major class of customers Elimination of an entire activity Disposal of a significant component of a business
On December 31, 2021, the end of the fiscal year, Revolutionary Industries completed the sale of its robotics business for $11.0 million. The robotics business segment qualifies as a component of the entity according to GAAP. The book value of the assets
On December 31, 2021, the end of the fiscal year, Revolutionary Industries completed the sale of its robotics business for $11.0 million. The robotics business segment qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $8.0 million. The income from operations of the segment during 2021 was $5.0 million. Pretax income from continuing operations for the year totaled $13.0 million. The income tax rate is 25%. Prepare the lower portion...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $8 million. The loss from operations of the segment during 2021 was $3.3 million. Pretax income from continuing operations for the year totaled $7.0 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
4 Homework The semiconductor business of the California Microtech Corporation qualifies as a component of the...
4 Homework The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $17 million. The loss from operations of the segment during 2021 was $3.2 million Pretax income from continuing operations for the year totaled $6.0 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated...
9. Which of the following statements about an operating segment is true? a. An operating segment...
9. Which of the following statements about an operating segment is true? a. An operating segment engages in business activities from which it may earn revenues and incur expenses but may not actually be earning revenues or incurring expenses at this point in time. b. An operating segment engages in business activities from which it may earn revenues and incur expenses and must be earning revenues or incurring expenses at this point in time. c. An operating segment’s operating results...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $15 million. The loss from operations of the segment during 2021 was $4.1 million. Pretax income from continuing operations for the year totaled $7.3 million. The income tax rate is 25%, Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $13 million. The loss from operations of the segment during 2021 was $4.8 million. Pretax income from continuing operations for the year totaled $7.8 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
The semiconductor business of the California Microtech
Corporation qualifies as a component of the entity according to
GAAP. The book value of the assets of the segment was $16 million.
The loss from operations of the segment during 2021 was $4.40
million. Pretax income from continuing operations for the year
totaled $7.60 million. The income tax rate is 25%. Assume instead
that the estimated fair value of the segment’s assets, less costs
to sell, on December 31 was $13 million...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $8 million. The loss from operations of the segment during 2021 was $3.3 million. Pretax income from continuing operations for the year totaled $7.0 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
4 Homework The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $17 million. The loss from operations of the segment during 2021 was $3.2 million Pretax income from continuing operations for the year totaled $6.0 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $15 million. The loss from operations of the segment during 2021 was $4.1 million. Pretax income from continuing operations for the year totaled $7.3 million. The income tax rate is 25%, Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP.. The book value of the assets of the segment was $13 million. The loss from operations of the segment during 2021 was $4.8 million. Pretax income from continuing operations for the year totaled $7.8 million. The income tax rate is 25%. Assume that the semiconductor segment was not sold during 2021 but was held for sale at year-end. The estimated fair value...
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