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hardwick744
28.07.2019 •
Business
1. take a look at the figure. the bodies of the lamps shown have harmony of a. texture. b. line. c. value. d. scale.
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Ответ:
this should be the answer but if not then i don't know your teacher is teaching you haha
Ответ:
$897,000
Explanation:
Preparation 2016 income statement for Esquire
First step is to calculate the Income from continuing operations
Income from continuing operations
income before additional items$1,400,000
Less: restructuring cost -$95,000
Income before tax$ 1,305,000
($1,400,000-$95,000)
Less: tax 40%-$522,000
Income from continuing operations $783,000
($1,305,000-$522,000)
Now let Prepare 2016 INCOME STATEMENT for Esquire
ESQUIRE COMIC BOOK COMPANY
Partial income statement
For the Year Ended December 31 2016
Income from continuing operations$783,000
Discontinued operations:
Income from operations of discontinued component$ 190,000
($580,000-$390,000)
Less Income tax expenses $76,000
( 40% of $190,000)
Income from operations of discontinued component$114,000
($190,000-$76,000)
Net income $897,000
($783,000+$114,000)
Therefore 2016 income statement for Esquire will be $897,000