HW1 IS Problem 3

HW1 IS Problem 3 - $(300) Additional information: loss on...

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Moore Corporation Combined Statement of Income and Comprehensive Income For the Year Ended December 31, 2011 Sales revenue $22,300 Cost of goods sold (14,500) Gross profit 7,800 Operating expenses: Selling (2,300)
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Moore Corporation December 31, 2011 Account Balances Sales $22,300 Cost of goods sold $(14,500) Selling expenses $(2,300) General and administrative expenses $(1,200) Dividend revenue $200 Interest expenses
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Unformatted text preview: $(300) Additional information: loss on investment $(300) unrealized loss on investment $(200) Restructuring costs due to factoryclosings $(2,000) Received for facility expropriated by foreign government $800 discontinued operations: operating income $800 loss on disposal $(1,800) Foreign currency translation adjustment gain $600 Effective tax rate 40%...
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HW1 IS Problem 3 - $(300) Additional information: loss on...

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