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0 O Homework Help On December 31, 2018, the end of the fiscal year. California Microtech Corporation completed the sale of its for $12 million.

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0 O Homework Help On December 31, 2018, the end of the fiscal year. California Microtech Corporation completed the sale of its for $12 million. The business segment qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $10 million. The loss from operations of the segment during 2018 was $3.7 million. Pretax income from continuing operations for the year totaled $5.9 million. The income tax rate is 35%. semiconductor business Prepare the lower portion of the 2018 income statement beginning with pretax income from continuing operations. Ignore EPS disclosures. (Amounts to be deducted and negative amounts should be indicated with a minus sign. Enter your answers in whole dollars.) CALIFORNIA MICROTECH CO RP For the Year E r 31, 2018 from K Prev 2 of 7l Next > search

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