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Chapter 12 discussion - J ust like Barrett I started to...

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Just like Barrett, I started to Google for extraordinary items. I came across Flanders Corporation (FLDR). Flanders Corporation and its subsidiaries engage in designing, manufacturing, and marketing environmental filtration systems for controlling contaminants in residences and commercial office buildings. I than went to yahoo finance to look up their financial statements. Below is the link to their income statement and the notes to their financial statements. See page F-29 for the detail information. Link to the income statement: http://finance.yahoo.com/q/is?s=FLDR&annual Link to notes to the financial statement: http://yahoo.brand.edgar- online.com/displayfilinginfo.aspx?FilingID=6482787-257607- 345957&type=sect&dcn=0001193125-09-055585 Further research, I also found some information on the Hitachi planning to report extraordinary items in the near future. Below is the link. http://www.hitachi.com/New/cnews/f_090507.pdf As for the discontinued operations, I looked at some wholesale companies like Costco, Wal- Mart, and BJ’s Wholesale Club (mainly on east coast of US). There were no discontinued
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