Solution-How would this item appear in the income statement

How would this item appear in the income statement

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Question - During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of $100,000. Apex reported income from continuing operations of $128,387. All items are taxed at 30%. How would this item appear in the income statement?

Reference no: EM132065336

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How would this item appear in the income statement : Apex reported income from continuing operations of $128,387. All items are taxed at 30%. How would this item appear in the income statement

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How would this item appear in the income statement

Reference no: EM132065336

Reference no: EM132065336

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