Bonita Corporation Had Income From Continuing Operations
Prior to disposal the division operated at a pre tax loss of 45 000.
Bonita corporation had income from continuing operations. In addition it suffered an unusual and infrequent pretax loss of 770 000 from a volcano eruption. During 2020 it disposed of its restaurant division at an after tax loss of 191 900. This is what i m given. During 2020 it disposed of its restaurant division at an after tax loss of 191 900.
Prior to disposal the division operated at a loss of 320 300 net of tax in 2020 assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation. For the year ending december 31 2016 micron corporation had income from continuing operations before taxes of 1 260 000 before considering the following transactions and events. Majors corporation had income from continuing operations of 1 600 000 in 2011. Bonita corporation had income from continuing operations of 10 615 500 in 2020.
Bonita corporation had income from continuing operations of 10 615 500 in 2020. During 2014 it disposed of its restaurant division at an after tax loss of 189 000. All of the items described below are. At december 31 2009 schroeder corporation had the following stock outstanding.
Be4 5 stacy corporation had income before income taxes for 2014 of 6 300 000. Be4 4 finley corporation had income from continuing operations of 10 600 000 in 2014. Particulary amount reported income from continuing operations be fare taxes 2020. Income from operations 300 000 a other revenues and gains gain on sale of plant assets 75 000 other expenses and losses income before other expenses and losses 375 000 interest expense 15 000 income from continuing operations 360 000 loss on discontinued operations 30 000 net income 330 000 b allocation to noncontrolling interest 100 000.
During 2017 it disposed of its restaurant division at an after tax loss of 200 300. Prior to disposal the division operated at a loss of 315 000 net of tax in 2014. Prior to disposal the division operated at a loss of 320 300 net of tax in 2020 assume that the disposal of the restaurant division meets the criteria for recognition as a. 8 cumulative preferred stock 100 par 109 222 shares 10 922 200 common stock 5 par 4 080 200 shares 20 401 000 during 2010 schroeder s did not issue any additional stock.
Bonita corporation had income from continuing operations of 10 653 500 in 2017. Finley had 10 000 000 shares of common stock outstanding during 2014. During 2011 it disposed of its repair division at a pre tax gain of 27 000. The following also occurred during 2010.
Income from continuing operations before taxes 26 581 000 discontinued.