1072)5282982000 E-mail: [email protected] | My courses / INTERMEDIATE ACCOUNTING 1-Lecture-1201-Meta / Topic 2 / Second...
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1072)5282982000 E-mail: [email protected] | My courses / INTERMEDIATE ACCOUNTING 1-Lecture-1201-Meta / Topic 2 / Second Short Exam: Saturday 24\1012 Qu 1 Ortiz Co had income from continuing operations of $1,600,000 in 2018. During 2018. It disposed of its restaurant division at an after-tax gain (net of tax) of $190,000. Prior to disposal, the division operated at a loss of $320,000 (net of tax) In 2018 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). What is the net income for the year ended 31\12\20189 ot of Select one: Finish
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