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A company has decided to discontinue a component of its business and sells the component by the end of the year. The amount that the
A company has decided to discontinue a component of its business and sells the component by the end of the year. The amount that the company
would report as income from discontinued operations is ignore tax effects:
Multiple Choice
only the gain or loss on the disposal of the component's assets.
income from operations for the year and only a loss on the disposal of the component's assets.
only income from operations for the year.
income from operations for the year and either a gain or loss on the disposal of the component's assets.
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