On June 30, Blevins ASA discontinued its operations in Europe. During the year, the operating loss was

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On June 30, Blevins ASA discontinued its operations in Europe. During the year, the operating loss was €320,000 before taxes. On September 1, Blevins disposed of its European facilities at a pretax loss of €150,000. The applicable tax rate is 30%. Show the discontinued operations section of the income statement?
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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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