Creighton Corp

question 30

Essay

Creighton Corp.,a textile manufacturer,reported net income of $258,000 in 2012.During 2012 Creighton reported a gain of $29,800 from the sale of three used delivery trucks.The gain was included as part of income from continuing operations.Assuming that the gain is a one-time event and that Creighton has an effective tax rate of 35% calculate Creighton's adjusted net income.Show all of your calculations for credit.
In addition,discuss why analysts might make an adjustment of this type.

Identify key elements of postmodern society according to Frederic Jameson.

Comprehend the concepts of hyperreality, simulacrum, and hyperspace in postmodern theory.

Distinguish between social theories and sociological theories.

Understand the applications and implications of semiotics beyond linguistics.

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Definitions:

Bromide Ion

The bromide ion is a negatively charged ion (Br-) that is formed when a bromine atom gains an electron.

Ionic Compound

A chemical compound composed of ions held together by electrostatic forces termed ionic bonding, generally formed between metal and non-metal ions.

Calcium

A soft gray alkaline earth metal, symbol Ca, essential for living organisms, particularly in cell physiology and bone formation.

Oxygen

Oxygen, a diatomic gas with the molecular formula O2, is critical for respiration in living organisms and supports combustion.