## Answers

CALIFORNIA MICROTECH CORPORATION | |

Partial Income Statement | |

For the Year Ended December 31, 2021 | |

$ | |

Income from continuing operations before income taxes | 7,300,000.00 |

Less Income tax expense (25%) | 1,825,000.00 |

Income from continuing operations | 5,475,000.00 |

Discontinued operations: | |

Loss from operations of discontinued component | (4,100,000.00) |

Income tax benefit (25%) | 1,025,000.00 |

Loss on discontinued operations | (3,075,000.00) |

Net income (5,475,000 - 3,075,000) | 2,400,000.00 |

#### Similar Solved Questions

1 answer

##### Complex analysis Let f(z) be continuous on S where for some real numbers 0< a <...

complex analysis Let f(z) be continuous on S where for some real numbers 0< a < b. Define max(Re(z)Im(z and suppose f(z) dz = 0 S, for all r E (a, b). Prove or disprove that f(z) is holomorphic on S....

1 answer

##### Test the hypothesis using the P-value approach. Be sure to verify the requirements of the test....

Test the hypothesis using the P-value approach. Be sure to verify the requirements of the test. Ho: p = 0.5 versus Hy:p>0.5 n= 100; x = 65, a = 0.1 Is npo (1-Po) 2 10? No Yes Use technology to find the P-value. P-value = (Round to three decimal places as needed.) the null hypothesis, because the ...

1 answer

##### Affordable Care Act brought certain health insurance mandates with some exceptions. Since Afforda...

Affordable Care Act brought certain health insurance mandates with some exceptions. Since Affordable Health Care Act became law, between years 2010 and 2016, the number of uninsured people in the United States went down from 48 million to about 29 million. Assume that most of these 19 million people...

1 answer

##### A company has just paid a $2 per share dividend. The dividends are expected to grow...

A company has just paid a $2 per share dividend. The dividends are expected to grow by 24% a year for 8 years. The growth rate in dividends thereafter is expected to stabilize at 4% a year. The appropriate annual discount rate for the company’s stock is 12%. a. What is the company’s curr...

1 answer

##### In a statistics class of 150 students, the mean score on the midterm was 98. In another class of 230 students, the mean score was 12. What was the mean score of the two classes combined?

In a statistics class of 150 students, the mean score on the midterm was 98. In another class of 230 students, the mean score was 12. What was the mean score of the two classes combined?...

1 answer

##### Income Statement You have been given the following information for Corky's Bedding Corp.: a. Net sales...

Income Statement You have been given the following information for Corky's Bedding Corp.: a. Net sales $11,250,000. b. Cost of goods sold $7,500,000. c. Other operating expenses= $250,000. d. Addition to retained earnings = $1,000,000. e. Dividends paid to preferred and common stockholders $495,...

1 answer

##### The nurse is caring for a child diagnosed with celiac disease. This child has a history...

The nurse is caring for a child diagnosed with celiac disease. This child has a history of pica. What should the nurse consider while planning the child’s care?...

1 answer

##### We'us X Question 2 PRAC X Normal distributie X X Z Score Calculator X E O...

We'us X Question 2 PRAC X Normal distributie X X Z Score Calculator X E O P Value fro X + https://edugen.wileyplus.com/edugen/student/mainfruni Notanding Mann, Introductory Statistics, se INTRODUCTORY STATISTICS (HATH - Assignment Gradebook ORTON Downloadable eTexthu ent Chapter 09, Section . Pr...

1 answer

##### Please find the degrees of freedom,critical values, correlation coefficient, and test statistic as well. Homework: Section...

please find the degrees of freedom,critical values, correlation coefficient, and test statistic as well. Homework: Section 9.1 Homework Sa Score: 0 of 1 pt 6 of 8 (6 complete) HW Score: 67.86%, 8.14 of 12 X 9.1.33 Assigned Media Question Help The weights (in pounds) of vehicles and the variabilit...

1 answer

##### Assume that the custodian of a $780 petty cash fund has $172.50 in coins and currency...

Assume that the custodian of a $780 petty cash fund has $172.50 in coins and currency plus $580.50 in receipts at the end of the month. The entry to replenish the petty cash fund will include: Multiple Choice C ) A debit to Cash Over and Short for $27.00 O A credit to Cash Over and Short for $608. 0...

1 answer

##### Obj. 3 Sharon's Bakery produces three kinds of homemade bread: whole wheat, honey quinoa, and sourdough....

Obj. 3 Sharon's Bakery produces three kinds of homemade bread: whole wheat, honey quinoa, and sourdough. The bread is produced in the Mixing and Baking departments. Other indirect or supportive costs of production include Janitorial and Maintenance services. Janitorial and Maintenance costs are ...

1 answer

##### 1. Given the following pieture:(15 points) A very long wire is carrying a current of 15...

1. Given the following pieture:(15 points) A very long wire is carrying a current of 15 Amperes. Nearby there is a rectangular loop as showrn in the figure. 11 = 15.0 A 7.50 cm 10.0 cm 12 30.0 A 30.0 cm By using the concept of magnetic force between wires, answer the following questions What is the ...

1 answer

##### Solid potassium sulfide is slowly added to 75.0 mL of a 0.0627 M nicke(ll) acetate solution....

Solid potassium sulfide is slowly added to 75.0 mL of a 0.0627 M nicke(ll) acetate solution. The concentration of sulfide ion required to just initiate precipitation is 2 item attempts remaining Previous N...

1 answer

##### Question8 Current Attempt in Progress In Concept Simulation 17.2 you can explore the concepts that are...

Question8 Current Attempt in Progress In Concept Simulation 17.2 you can explore the concepts that are important in this problem. A 466-Hz tuning fork is sounded together with an out-of-tune guitar string, and a beat frequency of 4 Hz is heard. When the string is tightened, the frequency at which it...

1 answer

##### Question 3 Afirm has the following demand function Qd = 312 -P/2. Its average total cost...

Question 3 Afirm has the following demand function Qd = 312 -P/2. Its average total cost and marginal cost are constant at $92. 1. (1 point) What is the per-unit price the firm will charge if it uses two-part pricing? 2. (3 points) What is the profit-maximizing output if the firm uses two-part prici...