Business, 29.11.2019 01:31 katiekern5207
Lebron's bookstores has two divisions: media and books. the media division had another great year with net sales of $14 million, cost of goods sold of $8 million, operating expenses of $3 million, and income tax expense of $900,000. the book division did not do as well and was sold during the year. the loss from operations and sale of the book division was $400,000 before taxes and $280,000 after taxes.
assuming the sale of the book division is reported as a discontinued operation, at what amount did lebron's bookstores report the discontinued operations?
a) $2,100,000.b) $1,700,000.c) $3,000,000.d) $1,820,000.
Answers: 3
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Business, 22.06.2019 10:10
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Business, 22.06.2019 15:30
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Answers: 3
Lebron's bookstores has two divisions: media and books. the media division had another great year w...
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