Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Finance & Accounting    Ask about another Subject  
 
PDA

R-yaaqba
Jul 13, 2009, 12:08 PM
NET income from operation...........55000000 .........management decide to disposed restaurant division at pretax loss of ..270000.............the division operated at a pretax loss of ..450000.... tax rate 70%
prepare partial income statement?????????????>...:confused::confused:
rehmanvohra
Jul 15, 2009, 07:15 AM
Income statement should be prepared so as to show separately the income from continuing and discontinued operations. Please try and solve the problem and post your answer for correction and advice.