Gerogi Company Had the Following Balances for Income from Continuing

question 40

Multiple Choice

Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31: $\begin{array}{lr}\text { Income from continuing operations } & \$ 227,000 \\\text { Loss on discontinued operations } & (76,000) \\\text { Unrealized gain on available-for-sale debt } & \\\text { security } & 28,000 \\\text { Loss on impairment of Goodwill } & (140,000) \\\text { Foreign currency translation loss } & (66,000) \end{array}$
The company's effective tax rate is 40%. What amount should Gerogi Company report as comprehensive income for the year ended December 31?

• A) $181,400
• B) $74,600
• C) $158,600
• D) $198,200

Identify the implications of management decisions on labour relations and employee well-being.

Understand the impact of unions on labour legislation, HR policies, and practices.

Understand the primary motivations and processes involved in unionization.

Recognize the roles of employees, managers, and unions in the organization and unionization process.

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Definitions:

Downsizing

The act of reducing the size of a company's workforce intentionally to optimize operations and reduce costs.

Procedures

Established methods or sequences of actions for conducting activities or completing tasks within an organization.

Downsizing Strategies

Approaches or plans developed by organizations to reduce their workforce and operational costs in order to improve efficiency and profitability.

Systematic Change

A planned and deliberate effort to bring about significant transformations within an organizational or systemic level, affecting processes, structures, and cultures.