Question: Really need help on these two please thank you so much!! Sunland Inc. disposes of an unprofitable segment of its business. The operation of the

Really need help on these two please thank you so much!! SunlandInc. disposes of an unprofitable segment of its business. The operation of

Really need help on these two please thank you so much!!

Sunland Inc. disposes of an unprofitable segment of its business. The operation of the segment suffered a $211000 loss in the year of disposal. The loss on disposal of the segment was $92000. If the tax rate is 20%, and income before income taxes was $1530000, the income from continuing operations is $1224000. the income tax expense on the income before discontinued operations is $363600. the losses from discontinued operations are reported net of income taxes at $303000. net income is $1227000. Crane, Inc. has the following Income Statement (in millions): Using vertical analysis, what percentage is assigned to gross profit? 38.89%72.00%100.00%28.00%

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