Tuff shed, inc. is one of the leading suppliers of installed storage buildings and garages in the united states. tuff shed mandates that sales, management, and construction teams work together to anticipate and eliminate potential problems. they make sure customers get the right buildings for their needs, and they all are built well and in a timely manner. by using teamwork, tuff shed
a. operates successfully using a production orientation.
b. provides its customer with a high level of satisfaction.
c. has a high employee turnover rate.
d. does not deliver superior customer service.
e. has a sales orientation.

Kandon enterprises, inc., has two operating divisions; one manufactures machinery and the other breeds and sells horses. both divisions are considered separate components as defined by generally accepted accounting principles. the horse division has been unprofitable, and on november 15, 2018, kandon adopted a formal plan to sell the division. the sale was completed on april 30, 2019. at december 31, 2018, the component was considered held for sale. on december 31, 2018, the company’s fiscal year-end, the book value of the assets of the horse division was $415,000. on that date, the fair value of the assets, less costs to sell, was $350,000. the before-tax loss from operations of the division for the year was $290,000. the company’s effective tax rate is 40%. the after-tax income from continuing operations for 2018 was $550,000. required: 1. prepare a partial income statement for 2018 beginning with income from continuing operations. ignore eps disclosures. 2. prepare a partial income statement for 2018 beginning with income from continuing operations. assuming that the estimated net fair value of the horse division’s assets was $700,000, instead of $350,000. ignore eps disclosures.