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83. Use the following information (in thousands): Revenues Income from continuing operations ¥1,600,000 200,000 Net Income 180,000 Income from operations 440,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of discontinued operations. a. \(40,000) b. ¥160,000 c. ¥200,000 d. \(20,000)

83. Use the following information (in thousands): Revenues Income from continuing operations ¥1,600,000 200,000 Net Income 180,000 Income from operations 440,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of discontinued operations. a. \(40,000) b. ¥160,000 c. ¥200,000 d. \(20,000)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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83. Use the following information (in thousands): Revenues Income from continuing operations Net Income ¥1,600,000 200,000 180,000 Income from operations 440,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of discontinued operations. a. \(40,000) b. ¥160,000 c. ¥200,000 d. \(20,000)
Transcribed Image Text:83. Use the following information (in thousands): Revenues Income from continuing operations Net Income ¥1,600,000 200,000 180,000 Income from operations 440,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of discontinued operations. a. \(40,000) b. ¥160,000 c. ¥200,000 d. \(20,000)
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