On may 31,2024. the Ailene Corporation adopted a plan to sell its cosmetics line of business, considered
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Question:
On may 31,2024. the Ailene Corporation adopted a plan to sell its cosmetics line of business, considered a compere aeris have hot been sold. The book value of those assets equals $1,100,000, and the company estimates that fall soo opponent generated operating Income for the year of $450,000, In its income statement for the year ended December 31 roirpany epurt income from operations of a discontinued component (ignoring taxes).
Multiple choice:
a.50,000
b.450,000
c.300,000
d.200,000
Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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