Abby left her native land in eastern europe to become a nanny for a family in a western suburb of chicago, illinois. one of the benefits of her arrangement was that she could attend the community college near her family's residence. when she arrived at her new job, she experienced some immediate differences. abby noted that public transportation in northern illinois was limited and expensive, making it difficult to get to school. for a negligible fee, the government in her native country provided public transportation to everyone. the economic system in abby's native country was more characteristic of

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Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

According to this excerpt, a key part of our national security strategy is