11) What items are included in a company's results from discontinued operations? For this purpose, how is a component defined? 12) Why are results from discontinued operations separated from results from continuing operations on an income statement?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 5MC: A loss from the sale of a component of a business enterprise is reported separately as a component...
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11) What items are included in a company's results from discontinued operations? For this purpose, how is a component defined?

12) Why are results from discontinued operations separated from results from continuing operations on an income statement?

 

 

 

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