what's the answer ABC Corp follows IFRS and has the following amounts for the...
60.1K
Verified Solution
Question
Accounting
what's the answer
ABC Corp follows IFRS and has the following amounts for the year ended December 31, 20XX: Gain on disposal of FV-NI investments (before tax) of $14,339; Loss from operation of discontinued division (net of tax) of $40,117; Income from operations (before tax) of $210,035; OCI unrealized holding gain (net of tax) of $11,421; Income tax on income from continuing operations of $60,143; Loss on disposal of discontinued division (net of tax) of $71,607. The OCI unrealized holding gain relates to investments that are not quoted in an active market. All accounts have normal balances - for example, income is CR and loss DR. Calculate the total comprehensive income. O a. $63,928 O b. $62,330 . $65,526 O d. $59,133 O e. $60,732 Clear my choiceGet Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.