A balance sheet prepared according to U.S. GAAP lists assets from most liquid to least liquid, where liquid refers to the ease of converting the asset into cash

Northern Manufacturers is prosecuted for antitrust violations by the Department of Justice, which wins its case. The judge agrees to impose criminal sanctions against Northern for the injuries it caused its competitor, Mini Lake, Inc. Mini Lake:

a. is eligible to sue only for money damages because the Department of Justice prevailed in the criminal action. b. may recover treble damages and attorneys' fees. c. has no additional recourse against Northern because the criminal trial was successful. d. may also sue for punitive damages.

List the two distinctly different gains and losses that are included on the income statement after continuing operations

What will be an ideal response