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Each of the following situations relates to a different company. A. For each of these independent situations, find the missing amounts. 1 Revenues 2
Each of the following situations relates to a different company. A. For each of these independent situations, find the missing amounts. 1 Revenues 2 Expenses 3 Gains 4 Losses 5 Net Income or (Loss) Company A Company B Company C Company D $16,800 $168,000 $237,000 12,600 X 68,000 243,100 790 1,350 0 940 6,400 5,400 0 X $(9,850) $9,600 $6,700 B. How would stakeholders view the financial performance of each company? Company A has strong core business and minor impact from gains/losses. Company B has poor core business and unfavorable gains/losses. Company C has solid core business negatively impacted by large loss. Company D has poor core business results that were hidden by large gain.
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