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VaughnCompany sold its licorice division resulting in a loss of $79900. Assuming a tax rate of 20%, the loss on this disposal will be reported
VaughnCompany sold its licorice division resulting in a loss of $79900. Assuming a tax rate of 20%, the loss on this disposal will be reported on the income statement at what amount? O $95880 O $15980 O $79900 O $63920 Waterway's by the Tracks has the following partial balance sheet: WATERWAY'S BY THE TRACKS. Balance Sheet (partial) Stockholders' equity: Common stock $6150000 Retained earnings 2060000 Total paid-in capital and retained earnings 8210000 Accumulated other comprehensive income 821000 Total stockholders' equity: $9031000 What effect will the accumulated other comprehensive income have on comprehensive income? O No effect on comprehensive income. O Increase of $821000 in comprehensive income. O Increase of $9031000 in comprehensive income. O Decrease of $821000 in comprehensive income SwiftyCorporation reported net sales of $690000. $730000, and $828000 in the years 2016, 2017, and 2018 respectively. If 2016 is the base year, what percentage do 2018 sales represent of the base? 0 113% O 12096 O 83% O 2096
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