subject
Business, 12.12.2019 05:31 xojade

Bonita corporation had income from continuing operations of $10,615,500 in 2020. during 2020, it disposed of its restaurant division at an after-tax loss of $191,900. prior to disposal, the division operated at a loss of $320,300 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). bonita had 10,000,000 shares of common stock outstanding during 2020. prepare a partial income statement for bonita beginning with income from continuing operations.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:50
Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 2
question
Business, 21.06.2019 23:30
You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?
Answers: 2
question
Business, 22.06.2019 01:50
You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
question
Business, 22.06.2019 06:40
As a finance manager at allsports communication, charlie worries about the firm's borrowing requirements for the upcoming year. he knows the benefit of estimating allsports' cash disbursements and short-term investment expectations. facing these concerns, a(n) would provide charlie with valuable information by providing a good estimation of whether the firm will need to do short-term borrowing. capital budget cash budget operating budget line item budget
Answers: 3
You know the right answer?
Bonita corporation had income from continuing operations of $10,615,500 in 2020. during 2020, it dis...
Questions
question
Biology, 05.05.2020 13:41
question
Mathematics, 05.05.2020 13:41