Question
The financial statements of Colfax Corporation for the current year include the following: Income from continuing operations (excluding taxes) $ 696.400 Prior period adjustment (reduction
The financial statements of Colfax Corporation for the current year include the following:
Income from continuing operations (excluding taxes) | $ | 696.400 | |
Prior period adjustment (reduction in prior year net income, after taxes) | $ | 125.800 | |
Cash dividends paid to preferred shareholders | $ | 133.320 | |
Earnings from discontinued operations (excluding taxes) | $ | 743.200 | |
Non-recurring loss (excluding tax benefit) | $ | 188.400 |
Based on this information, net income for the current year is ?
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Financial Statement Analysis
Authors: K. R. Subramanyam, John Wild
11th edition
78110963, 978-0078110962
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