Blue spruce corp. has income from continuing operations of $437,000 for the year ended december 31, 2020. it also has the following items (before considering income taxes).

1. an unrealized loss of $50,700 on available-for-sale securities.
2. a gain of $24,000 on the discontinuance of a division (comprised of a $9,100 loss from operations and a $33,100 gain on disposal).
3. a correction of an error in last year's financial statements that resulted in a $20,000 understatement of 2016 net income. assume all items are subject to income taxes at a 18% tax rate. prepare a statement of comprehensive income, beginning with income from continuing operations.

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

The purpose of safety stock is to: a. eliminate the possibility of a stockout. b. control the likelihood of a stockout due to variable demand and/or lead time. c. eliminate the likelihood of a stockout due to erroneous inventory tally. d. protect the firm from a sudden decrease in demand. e. replace failed units with good ones.