The income from operations of a discontinued division would be included in which section of the income statement:
A)Income from operations
B)prior period adjustments
C)Net of tax item
D)Nonoperating section of income statement

Question

Quizplus · Accepted Answer

The income from operations of a discontinued division is reported as a separate component of net income, net of tax, after income from continuing operations.

The Income from Operations of a Discontinued Division Would Be