AutoSave Unit 1 - Extra Credit - Word Search jayliat@gmail.com 7 File Home Insert Draw Design Layout References Mailings Review View Help Share Comments X Calibri (Body) 11 A A Aar A E ALT AaBbCcDc AaBbCcDc AaBbc Aabbccc AaB 1 Normal 1 No Spac. Heading 1 Heading 2 Find Sc Replace Select Paste BI U ab X, X? ADA Title Dictate Sensitivity Editor Clipboard F Font Paragraph Styles Editing Voice Sensitivity Editor Acct 3304 Spring 2021 Unit 1 - Extra Credit 1.) At Ruth Company, events and transactions during 2020 included the following. The tax rate for all items is 20%. (1) Depreciation for 2018 was found to be understated by $150,000. (2) A strike by the employees of a supplier resulted in a loss of $120,000. (3) The inventory at December 31, 2018 was overstated by $160,000. (4) A disposal of a component of the business resulted in a $16,000,000 loss. The effect of these events and transactions on 2020 net income net of tax would be? (Provide calculations below.) Page 1 of 2 314 words C Focus 23 100% Type here to search j E 8 2:28 PM 2/28/2021 AutoSave Unit 1 - Extra Credit - Word Search jayliat@gmail.com 7 File Home Insert Draw Design Layout References Mailings Review View Help Share Comments X Calibri (Body) 11 A A Aar A E ALT AaBbCcDc AaBbCcDc AaBbc Aabbccc AaB 1 Normal 1 No Spac. Heading 1 Heading 2 Find Sc Replace Select Paste BI U ab X, X? ADA Title Dictate Sensitivity Editor Clipboard F Font Paragraph Styles Editing Voice Sensitivity Editor Acct 3304 Spring 2021 Unit 1 - Extra Credit 1.) At Ruth Company, events and transactions during 2020 included the following. The tax rate for all items is 20%. (1) Depreciation for 2018 was found to be understated by $150,000. (2) A strike by the employees of a supplier resulted in a loss of $120,000. (3) The inventory at December 31, 2018 was overstated by $160,000. (4) A disposal of a component of the business resulted in a $16,000,000 loss. The effect of these events and transactions on 2020 net income net of tax would be? (Provide calculations below.) Page 1 of 2 314 words C Focus 23 100% Type here to search j E 8 2:28 PM 2/28/2021