Question
A company reported the following for a recent year: Sales-5600,000 Cost of sales- $400,000 SG&A expenses -$80,000 Interest expense- $5,000 Provision for income taxes $35,000
A company reported the following for a recent year:
Sales-5600,000
Cost of sales- $400,000
SG&A expenses -$80,000
Interest expense- $5,000
Provision for income taxes $35,000
Loss on sale of fixed assets- $10,000
Unrealized holding gain on equity investments-$25,000
Unrealized holding loss on available for sale debt securities- $8,000
Gain on discontinued operations (net of tax)-$30,000
The company's income from continuing operations was $
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QuickBooks A Basic Guide To Learn The Principles Of Bookkeeping And Accounting For Beginners
Authors: Marcus Smalling
1st Edition
1655431773, 978-1655431777
