What is the purpose of arranging an income statement to show subtotals for income from continuing operations

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What is the purpose of arranging an income statement to show subtotals for income from continuing operations and income before extraordinary items?

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Jun 10, 2016 05:18 AM

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What is the purpose of arranging an income statement to show subtotals for income from continuing operations

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The purpose of presenting subtotals such as Income f...View the full answer

Financial and Managerial Accounting the basis for business decisions

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