Green day corporation had income from continuing operations


1. Green Day Corporation had income from continuing operations of $12,600,000 in 2004. During 2004, it disposed of its restaurant division at an after-tax loss of $189,000. Prior to disposal, the division operated at a loss of $315,000 (net of tax) in 2004. Green Day had 10,000,000 shares of common stock outstanding during 2004. Prepare a partial income statement for Green Day beginning with income from continuing operations. 

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Accounting Basics: Green day corporation had income from continuing operations
Reference No:- TGS01482737

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