Garwood Company has the following items: write-down of inventories, $240,000; loss on disposal of Sports Division, $370,000; and loss due to an expropriation, $226,000. Ignoring income taxes, what total amount should Garwood Company report as extraordinary losses?
a. $226,000
b. $370,000.
c. $466,000.
d. $596,000.
Ans: a. $226,000
Business
You might also like to view...
Which of the following is an example of supporting work that helps those at the core of a manufacturing organization do their work efficiently and effectively?
A) production B) product development C) packaging D) work scheduling E) human resources
Business
An effective team must have a whole and identifiable task
Indicate whether the statement is true or false.
Business