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Analyze Discontinued Operations Johnson Controls International discontinued its Power Solutions business. Johnson Controls reports the following information in its annual report. a . What effect
Analyze Discontinued Operations
Johnson Controls International discontinued its Power Solutions business. Johnson Controls reports the following information in its annual report.
a What effect did the discontinued operations have on net income in FY Was this effect significant on Johnson Controls' income statement? NOTE: Round percentag
enter for or for
Discontinued operations
net income by $
million. That amount represented
of total net income,
b For analysis purposes, how would we classify the discontinued operations: as an operating activity or
nonoperating activity?
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