Which of the following is true concerning discontinued operations?
a. Only the gain or loss is reported on the income statement.
b. It must be both unusual in nature and infrequent in occurrence.
c. Analysts would not normally include this item in making their decisions.
d. Net income or loss from prior years must also be disclosed in the year of disposition.
c
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After conducting formal marketing research for your department, you summarize the data in an oral presentation to management. You are following normal marketing research steps
Indicate whether the statement is true or false
Which of the following is NOT a reason for a high-dividend-payout policy?
A) Convenient and direct deposit of cash dividend B) Avoidance of transaction costs for selling shares C) Higher potential future returns for shareholders D) Cash payments today versus uncertain cash payments tomorrow