Solution-What would have been the income before income taxes

What would have been the income before income taxes

Reference no: EM131127488

1. For a recent period, the balance sheet for Circuit City Stores, Inc., reported accrued expenses of $464,511,000. For the same period, Circuit City reported income before income taxes of $151,112,000. Assume that the accrued expenses apply to the current period and were not recorded at the end of the current period. What would have been the income (loss) before income taxes?

Reference no: EM131127488

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What would have been the income before income taxes

Reference no: EM131127488

Reference no: EM131127488

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