TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4 (1) I am writing to inform you that KBL has hired a new accounting supervisor, Carly Jamison.
(2) Carly will begin work here on Monday, August 4.
(3) Carly received her master’s degree from Sacramento State earlier this year.
(4) She is excited to be with our company.
(5) We are happy to have someone in her position who believes strongly in our company’s mission.
(6) A welcome luncheon has been scheduled so you can learn more about Carly.
(7) We invite each and every employee to the luncheon on Thursday, August 14, at noon.
(8) Reservations can be made by contacting Sandy at extension 3410. Regards, Which of the following would be an effective goodwill close for the message above?
a. Sentence 3
b. Sentence 6
c. Sentence 8
d. (both b and c above)

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.