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Requirements 1. Calculate income from continuing operations. 2. Calculate net income. 3. Calculate other comprehensive income. 4. Calculate comprehensive income. Current Attempt in Progress Swifty
Requirements
1. Calculate income from continuing operations.
2. Calculate net income.
3. Calculate other comprehensive income.
4. Calculate comprehensive income.
Current Attempt in Progress Swifty Corporation follows IFRS and has the following amounts for the year ended December 31, 2020: gain on sale of FV-NI investments (before tax), $13,900; loss from operation of discontinued division (net of tax), $38,700; income from operations (before tax), $194,600; unrealized holding gain-OCI (net of tax), $10,900; income tax on income from continuing operations, $58,100; loss from disposal of discontinued division (net of tax), $69,000. The unrealized holding gain-OI relates to investments that are not quoted in an active market. * Your answer is incorrect. Calculate income from continuing operations. Income from Continuing Operations $ 136500 e Textbook and Media X Your answer is incorrect. Calculate net incomeStep by Step Solution
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