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The following amounts are from Silverton Co.'s 2014 income statement:
Sales ................................................. $340,000Sales returns and allowances .......................... 5,000Cost of goods sold .................................... 132,000Utilities expense ..................................... 66,000Interest revenue ...................................... 1,000Income tax on operations .............................. 28,000Extraordinary loss due to earthquake, net of tax ...... 5,000Interest expense ...................................... 4,000Salaries expense ...................................... 46,000Loss on sale of investments ........................... 3,000
What amount would Silverton show for income from continuing operations on a multiple-step format income statement?
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A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2010. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, what will the carrying value of the ..
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Research on Kaizen events,
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