Finley Corporation had income from continuing operations of $10,600,000 in 2020. During 2020. it disposed...
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Finley Corporation had income from continuing operations of $10,600,000 in 2020. During 2020. it disposed of its restaurant division at an after-tax loss of $189.000. Prior to disposal, the division operated at a loss of $315,000 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Finley had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Finley beginning with income from continuing operations (Round earnings per share to 2 decimal places, eg. 1.48.) 40 FINLEY CORPORATION Income Statement (Partial) s Sve for later Attempts: 0 of 3 used Submit Anti PM
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