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Discontinued operations, Extraordinary items, Other revenues and
expenses.
Other revenues and expenses, Discontinued operations, Extraordinary
items
12Multiple Choice Question 98
A measure of the percentage of each dollar of sales that results in net
income is
return on assets.
earnings per share.
profit margin.
return on common stockholders’ equity.
13Multiple Choice Question 159
Which one of the following would be classified as an extraordinary
item?
Expropriation of property by a foreign government.
Losses attributed to a labor strike.
Write-down of inventories.
Gains or losses from sales of equipment.
14Multiple Choice Question 122