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Compute the following: Ignore tax effects. (a) Income from operations 60000 (b) Net income 41700 (c) Net income attributable to Coronado Corporation controlling shareholders
Compute the following: Ignore tax effects. (a) Income from operations 60000 (b) Net income 41700 (c) Net income attributable to Coronado Corporation controlling shareholders $ (d) Comprehensive income 56100 (e) Retained earnings balance at December 31, 2017 32600 %24 %24 %24 %24 %24 Presented below is information related to Coronado Corporation at December 31, 2017, the end of its first year of operations. Sales revenue $532,000 Cost of goods sold 361,000 Interest expense 31,600 Selling and administrative expenses 111,000 Dividends declared and paid 9,100 Loss on sale of investments 4,800 Allocation to non-controlling interest 21,000 Unrealized gain on available-for-sale financial assets 14,400 Gain on discontinued operations 18,100 Compute the following: Ignore tax effects.
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