Kruber corp as at December 31, 2021, the end of its first year of operations has the following details: Sales revenue RM317,050 Cost of goods sold RM144,760 Selling and administrative expenses RM...


Kruber corp as at December 31, 2021, the end of its first year of operations has the following details:<br>Sales revenue RM317,050<br>Cost of goods sold RM144,760<br>Selling and administrative expenses RM 49,700<br>Gain on sale of plant assets RM28,090<br>Unrealized gain on available-for-sale debt investments was RM 9,890<br>Interest expense 6,250 Loss on discontinued operations 12,880 Dividends declared and paid 4,760<br>Compute:<br>(a) Income from operations<br>(b) Net income<br>(c) Comprehensive income<br>

Extracted text: Kruber corp as at December 31, 2021, the end of its first year of operations has the following details: Sales revenue RM317,050 Cost of goods sold RM144,760 Selling and administrative expenses RM 49,700 Gain on sale of plant assets RM28,090 Unrealized gain on available-for-sale debt investments was RM 9,890 Interest expense 6,250 Loss on discontinued operations 12,880 Dividends declared and paid 4,760 Compute: (a) Income from operations (b) Net income (c) Comprehensive income

Jun 11, 2022
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