stock sells for $100 rights-on, and the subscription price is $90. Ten rights are required to purchase one share. Tomorrow the s
1 answer:
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Answer:
Following are the solution to the given question:
Explanation:
Revenue before continuing business 585000
less:income tax -187000
Continuous business revenue 398,000
Operations stopped
Loss of non-compliance -75000
Less: Applicable drop in income tax from 25500 - 49500
net sales 348500
Popular inventory per share
Continued operating revenue
Losses on disrupted businesses, tax net Net-0.495
Net profits