Question consider that next year research in motion sells

Assignment Help Financial Accounting

Reference no: EM13349595

Question :

Consider that next year Research in Motion sells off its interest in TIP Communications (one of its subsidiaries). Forecasted information about the operations for TIP and RIM for that future fiscal year instantly prior to the proposed sale follows:

$millions RIM TIP Total

Revenues $20,943 $1,727 22.670

Operationing expenses 20,321 1,971 22,292

*Does not include TIP results. Includes cost of goods sold

Required:

1. Evaluate operating income for RIM and TIP, discretely, and the net operating income for both.

2. If the results in part 1 for TIP is typical, why do you consider RIM decided to sell off its interest in TIP?

Reference no: EM13349595

Questions Cloud

Qestion 1 a what is the sustainable development b : question 1 a what is the sustainable development? b examine the implications of sustainable development for-i

Question problem : question problem 1nbspnbspnbspnbspnbspnbspnbspnbspnbspnbsppart ain late 2010 the nicklaus corporation was produced. the

Question 1a what is the sustainable developmentb examine : question 1a what is the sustainable development?b examine the principles of sustainable development.question 2a

Question 1product development costs are a material cost for : question 1product development costs are a material cost for various companies. they are either written off as a

Question consider that next year research in motion sells : question consider that next year research in motion sells off its interest in tip communications one of its

Question 1 there is no magic method for entrepreneurship : question 1 there is no magic method for entrepreneurship. though there are numerous different and successful approaches

Question amos is a computer consultant and his office is : question amos is a computer consultant and his office is situated in orange california. he and his wife susan used

Question 1a number of years ago lee acquired a 20 percent : question 1a number of years ago lee acquired a 20 percent interest in the bluesky partnership for 60000. the

Question 1a describe what you know by training education : question 1a describe what you know by training education and development.b training is considered as a vital tool

User Account

All Pages