Use the following information (in thousands): Service Revenue ¥1,600,000 Income from continuing operations 200,000 Net Income 180,000 Income from operations 440,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of income from discontinued operation:                                                             please answer do not image.

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Remaining Time: 1 hour, 53 minutes, 16 seconds. * Question Completion Status: QUESTION 9 A company had the following purchases during its first year of operations: Purchases January Sales 10 units at $40 25 units at $20 March May 12 units at $60 The company uses FIFO method to determine its cost of inventory. a. What is the cost of goods sold in May? b. What is the total cost of goods purchased during the year? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt Click Save and Submit to save and submit. Click Save All Answers to save all answers. F6 DII FS F4 F3 F2 esc F1 #3 3. |国

Answer C& D I. Presented here are the components in Sanders Company's income statement. Determine the missing amounts. Sales Cost of Sales Gross Profit Net Income Operating Expenses (b) P75,000 (a) P40,000 P17,000 (d) (c) P56,000 P64,000 P48,000

Required:a) Compute the times-interest earned and give the interpretation.b) Compute the fixed charge coverage and give the interpretation.

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Please do not give solution in image format and show all calculation thanku

Please do not give solution in image format thanku

Use the following information (in thousands):a. ¥126,000 d. ¥63,000Answer:1Sales revenue¥300,000 Gain on sale of equipment90,000 Cost of goods sold164,000 Interest expense16,000 Selling & administrative expenses30,000 Income tax rate30%Determine the amount of net income.

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