QUIZs Reporting Discontinued Operations Cool Stools Corporation has income beforetaxes of $400,000 and an extraordinary loss of $100,000. If the income tax rateis 25% on all items, the income statem
QUIZs Reporting Discontinued Operations Cool Stools Corporation has income beforetaxes of $400,000 and an extraordinary loss of $100,000. If the income tax rateis 25% on all items, the income statem
$100,000. $200,000 $24,000; $300,000 $300,000, $325,000 $330,000, $360,000 $400,000 $400,000; $600,000 $75,000. $800,000 (a) (b) (b). (c) (d) 108%. 12%. 120%. 130%. 200%. 2010 2010, 2011, 2012 2012, 2012. 25% 40%. 6%. 600,000 75% 77%. Adams All Amount Asset Both Cool Corporation Current Days Differential Discontinued Extraordinary Gain Horizontal IFRS, If In Inventory Net None Operations Percent Plano Property, QUIZs Ratio Receivables Reporting Stools The Total Under Unrealized Vertical What Which a ability above. acceptable all amount amount. an analysis, analysis. analysis? and are as assets assets. available-for-sale average base base-year base? be before by by: cash company company’s comprehensive considered coverage current debt depreciation discontinued display disposal do each efficiency equipmen equity evaluating evaluation expense expressed extraordinary fixed flood. following for generally: gross has horizontal in income income. income” inventories? inventory. irregular is item item? items items, its liabilities? liquidity loss loss, managing margin measure net not of on operations, operations. own pay percentage plant, previous profit profit. purchase rate ratio. ratio? recorded related reported reporting represent respectively, respectively. sales sales. schedule section: securities. shares should show special statement stockholders’ tax taxes the the: these to total treatments. turnover type useful vertical what would year, year. years “Other
Cool Stools Corporation has income before
taxes of $400,000 and an extraordinary loss of $100,000. If the income tax rate
is 25% on all items, the income statement should show income before irregular
items and an extraordinary loss, respectively, of