Quiz – A company reports the following, compute permanent earnings

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Given sales revenue, selling expense, gain on sale, interest, and cost of goods sold they ask you to determine permanent earnings.

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  • Search Terms: under cost gain interest selling $ (ignoring ) , a amounts as: at be circumstances company computed current earnings effects), end expense following goods investments normal of on permanent reports revenue sale sold tax the would year: sales
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