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Please help me with the following questions, thank you which of the following is incorrect? earnings per share reporting: a ) is mandatory for public

Please help me with the following questions, thank you
which of the following is incorrect? earnings per share reporting: a) is mandatory for public corporations but optimal for private corporations b) requires those companies to disclose basic and diluted eps for both continuing and discontinued operations c) requires disclosure of weighted average number of shares outstanding d) is based on comprehensive income
a corporation decides to classify its building as held for sale. ifrs requires it to: a) separate out this building from the rest of the assets b) write up the asset if the fair value is greater than book value c) record the building as non-current assets d) continue to depreciate
a company's main inventory warehouse burned down a few days after the company's fiscal year end-well before the financial statements for the last year were issued. the company's insurer will only cover a portion of the estimated losses. given this event, what should the company do for an accounting/financial reporting standpoint? a) disclose the event in a note to the financial statements b) no action is required c) both disclose the event in a note to the financial statements and accrue for the estimated amount of the loss d) disclose the event as part of management discussion and analysis
which of the following should be excluded from long-term liabilities? a) equity instrument that is debt in substance b) most pension obligations c) cash outlay made in advance of receipt of service d) deferred revenue on long-term contract
Jacks Corporation decided to sell its playing card business segment for $600,000, on September 1,2023. The disposal date is November 1,2023. The book value of the segment's net assets is $550,000. The pre-tax income for the segment for the period January 1-September 1,2023 was a loss of $80,000; the pre-tax income for the segment for September and October was $30,000. The company is subject to a tax rate of 40%. What is the gain related to the disposal of the playing card business assets reported at December 31? a) $30,000 b) $50,000 c) $360,000 d) $600,000
Jacks Corporation decided to sell its playing card business segment for $600,000, on September 1,2023. The disposal date is November 1,2023. The book value of the segment's net assets is $550,000. The pre-tax income for the segment for the period January 1-September 1,2023 was a loss of $80,000; the pre-tax income for the segment for September and October was $30,000. The company is subject to a tax rate of 40%. What is the operating income (loss) related to the discontinued operation of the playing card business segment reported at December 31? a)($50,000) b)($48,000) c)($30,000) d) $18,000
which of the following are not users of financial statements? a) owners b) auditors c) government agencies d) banks

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