A company that reports a discontinued operation or an extraordinary item must also report earnings per share for each of these line items in the notes to the financial statements
Indicate whether the statement is true or false
FALSE .A company that reports a discontinued operation or an extraordinary item must also report earnings per share for each of these line items either on the face of the income statement or in the notes to the financial statements.
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Warner Inc. issued a 120-day note in the amount of $90,000 on October 31, 2013 with an annual rate of 6%. What amount of interest has accrued as of December 31, 2013?
A. $1,500 B. $1,125 C. $4,500 D. $ 915 E. Zero. The interest is accrued at the end of the 120 day period.
A store plans average monthly stock of $80,000 . September's sales are estimated at 20 percent more than average. The store's planned inventory for September should be $96,000
Indicate whether the statement is true or false