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Dodo. had the following account balances:
Sales revenue $ 180,000
Cost of goods sold 90,000
Salaries and wages expense 15,000
Depreciation expense 30,000
Dividend revenue 6,000
Utilities expense 12,000
Rent revenue 30,000
Interest expense 18,000
Sales returns 16,500
Advertising expense 19,500
What amount would Dodo report as income from operations in its income statement?
Use the following information (in thousands):
Revenues Rp1.600.000
Income from continuing operations 200.000
Net Income 180.000
Income from operations 440.000
Selling & administrative expenses 1.000.000
Income before income tax 400.000
Determine the amount of discontinued operations.
Dodo Company reported the following information for 2019:
Sales revenue $510,000
Cost of goods sold 350,000
Operating expenses 55,000
Unrealized holding gain on available-for-sale securities 30,000
Cash dividends received on the securities 2,000
For 2019, Dodo would report