The Following Information Is Available About George Inc's Discontinued Operations

question 35

Multiple Choice

The following information is available about George Inc's discontinued operations: $$\begin{array} { | l | r | } \hline \text { Profit attributable to discontinued operations (before taxes) } & \$ 1,500,000 \\\hline \text { Net gain on disposal } & 200,000 \\\hline \text { Income taxes attributable to discontinued operations } & 100,000 \\\hline\end{array}$$ What single amount will be presented on George's statement of comprehensive income?

• A)$1,400,000
• B)$1,500,000
• C)$1,600,000
• D)$1,700,000

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Definitions:

EPS Growth Rate

The rate at which a company's earnings per share (EPS) has grown or is projected to grow over a specified time period.

Rate of Return

It measures the gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

NPVGO

Net Present Value of Growth Opportunities; an assessment method to evaluate the value of investing in new projects or equipment considering the present value of expected growth opportunities.