On September 17,2024, Ziltech, Incorporated, entered into an agreement to sell one of its divisions...
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On September Ziltech, Incorporated, entered into an agreement to sell one of its divisions that qualifies as a component of the entity according to generally accepted accounting principles. By December the companys fiscal yearend, the division had not yet been sold, but was considered held for sale. The net fair value fair value minus costs to sell of the divisions assets at the end of the year was $ million. The pretax income from operations of the division during was $ million. Pretax income from continuing operations for the year totaled $ million. The income tax rate is Ziltech reported net income for the year of $ million. Determine the book value of the divisions assets on December st NOTE: THE ANSWER IS $ I JUST NEED TO BE SHOWN HOW TO GET THERE
On September Ziltech, Incorporated, entered into an agreement to sell one of its divisions that qualifies as a component of the entity according to generally accepted accounting principles. By December the companys fiscal yearend, the division had not yet been sold, but was considered held for sale. The net fair value fair value minus costs to sell of the divisions assets at the end of the year was $ million. The pretax income from operations of the division during was $ million. Pretax income from continuing operations for the year totaled $ million. The income tax rate is Ziltech reported net income for the year of $ million. Determine the book value of the divisions assets on December st NOTE: THE ANSWER IS $ I JUST NEED TO BE SHOWN HOW TO GET THERE
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