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    Financial Accounting Study Set 8
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    Exam 11: Evaluating Performance: Earnings Quality, the Income Statement, the Statement of Comprehensive Income
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    Which of the Following Line Items Are Reported Net of Tax
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Which of the Following Line Items Are Reported Net of Tax

Question 54

Question 54

Multiple Choice

Which of the following line items are reported net of tax on the income statement?


A) operating loss of discontinued operations
B) loss on sale of discontinued segment
C) extraordinary loss due to flood damage in factory in Phoenix,Arizona
D) all of the above

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