Business, 20.02.2020 19:36, samavants74

Wind moore's income statement for the year ended december 31 2019. as follows. On november 1, 2019 Windmoor adopted a plan to discontinue one of it's divisions, which qualifies as a seperate component of the business. the disposal of the division is expected to be continued on March 1,2020. On December 31,2019 the book value of the discontinued division was 5,000,000. on that date the fair market value of those assets was 5,690,000. Included below is the results of operation for the discontinued division only: Net sales:3,000,000, Less:cost of Merchandise sold:3,700,000, Gross profit:(700,000) Prepare the corrected multiple step income statements, included EPS amounts

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Wind moore's income statement for the year ended december 31 2019. as follows. On november 1, 2019 W...