Question

Use the following information to construct a partial income statement beginning with income from continuing operations:
Income from continuing operations............... $ 310,000
Loss during the year from operation of discontinued operations.... 75,000
Tax benefit of loss..................... 19,400
Loss from sale of discontinued operations........... 105,750
Tax savings from loss on the sale............... 32,000



$1.99
Sales0
Views51
Comments0
  • CreatedSeptember 01, 2014
  • Files Included
Post your question
5000