Solution-Randa merchandising, inc., sold its interest in a

Randa merchandising, inc., sold its interest in a chain

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Reference no: EM13897170

In 2013, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operates its retail outlets. A listing of the major sections of an income statement follows:

A. Income (loss) from continuing operations
B. Income (loss) from operating, or gain (loss) from disposing, a discontinued segment
C. Extraordinary gain (loss)

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Indicate where each of the following income- related items for this company appears on its 2013 income statement by writing the letter of the appropriate section in the blank beside eachitem.

Reference no: EM13897170

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Randa merchandising, inc., sold its interest in a chain

Reference no: EM13897170

Reference no: EM13897170

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