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NEW QUESTION: 1
In April 30, 20X4, Deer Corp. approved a plan to dispose of a component of its business. For the period January 1 through April 30, 20X4, the component had revenues of $500,000 and expenses of $800,000.
The assets of the component were sold on October 15, 20X4 at a loss. In its income statement for the year ended December 31, 20X4, how should Deer report the component's operations from January 1 to April 30, 20X4?
A. $300,000 should be reported as an extraordinary loss.
B. $500,000 and $800,000 should be included with revenues and expenses, respectively, as part of continuing operations.
C. $300,000 should be reported as a loss from operations of a component and included in loss from discontinued operations.
D. $300,000 should be reported as part of the loss on disposal of a component and included as part of continuing operations.
Answer: C

NEW QUESTION: 2


A. ethernet1/6 going down
B. ethernet1/3 or Ethernet1/6 going down
C. ethernet1/3 going down
D. ethernet1/3 and ethernet1/6 going down
Answer: D

NEW QUESTION: 3

A. Option A
B. Option B
C. Option D
D. Option C
Answer: A