Business, 04.12.2019 04:31 hectorgonzalejr333

On april 30, 2005, carty corp. approved a plan to dispose of a segment of its business. the disposal loss is $480,000, including severance pay of $55,000 and employee relocation costs of $25,000, both of which are directly associated with the decision to dispose of the segment. the firm is a calendar-fiscal year firm, and the segment's operating loss for the entire year (2005) through the date of disposal was $120,000.before income taxes, what amount should be reported in carty's income statement for the year ended december 31, 2005, as the total income effect (loss) from discontinued operations? a. $600,000b. $480,000c. $120,000d. $360,000

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On april 30, 2005, carty corp. approved a plan to dispose of a segment of its business. the disposal...

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