Question 1 Not yet answered Marked out of 1.00 On June 1, 2020, ABC manufacturing...
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Accounting
Question 1 Not yet answered Marked out of 1.00 On June 1, 2020, ABC manufacturing company decided to discontinue its XYZ business segment. At the end of the year, the company is still holding the business segment for disposal, which is expected early in the following year. On its year-end income statement, the Company will report as Income from discontinued operations the profits generated by the XYZ business segment Flag question Select one: a. for the entire vear before taxes b. since June 1, net of taxes octor the entire year net of taxes d. since June 1 bafot takes Question 2 Not yet answered XYZ is preparing financial analysis for HADIA merchandising company selling technological devices in 2020. What issue would be of most concern on behalf of creditors of HADIA company Marked out of 1.00 P Hag question Select one: O a. The current portion of long-term notos payablo Increased by 150% O b. Total Itabilities increased c. Accounts recolvable Increased 2095 O d. Prepold Insurance decreased 62.596


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