An annual report of Ford Motor Company disclosed the sale of its ownership interest in Visteon Corporation,

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An annual report of Ford Motor Company disclosed the sale of its ownership interest in Visteon Corporation, a major automotive components manufacturer. The estimated after-tax loss on disposal of these operations was $2.3 billion. Indicate how the loss from discontinued operations should be reported by Ford on its income statement.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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