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Question 30 View Policies Current Attempt in Progress Bramble, Inc, disposes of an unprofitable segment of its business. The operation of the segment suffered a
Question 30 View Policies Current Attempt in Progress Bramble, Inc, disposes of an unprofitable segment of its business. The operation of the segment suffered a $350000 loss in the year of disposal. The loss on disposal of the segment was $143000. If the tax rate is 40% and income before income taxes was $2270000, the income tax expense on the income before discontinue operations is $710800. the losses from discontinued operations are reported net of income taxes at $143000, net income is $1777000. the income from continuing operations is $1362000. Save for Later Attempts: 0 of 1 used In the Waterway Company, land decreased $81500 because of a cash sale for $81500. the equipment account increased $34000 as a result of a cash purchase, and Bonds Payable increased $60500 from an issuance for cash at face value. The net cash provided by investing activities is $47500 $168000 $81500. $26500. Save for Later Attempts: 0 of 1 used Submit Answer Tool Content Your grade has been recorded in the Gradebook Thu, Apr 16, 2020, 7:23:09 PM (America/New York-04:00) Prey Next > MacBook Air
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