The gain or loss on the disposal of a business segment is shown on the...
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Accounting
The gain or loss on the disposal of a business segment is shown on the income statement as:
an extraordinary item.
part of discontinued operations
part of income from operations.
other gains or losses.
The financial statement that reports cash receipts and cash payments classified according to the company's operating, investing, and financing activities is the:
income statement.
balance sheet.
statement of cash flows.
statement of stockholders' equity.
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