5 not recent as create prestas 3. On August 1, 2018, Alpha Co. approved a plan to dispose of an unprofitable segment of its business. Alpha expected that the sale would occur on April 30, 2019, at an estimated gain of $250,000. The segment had actual and estimated operating profits (losses) as follows: Realized loss from 1/1/18 to 7/31/18 (400,000) 250,00 Realized loss from 8/1/18 to 12/31/18 (200,000) Expected loss from 1/1/19 to 4/30/19 (300,000) Assume Alpha's tax rate is 30%. Alpha Co.'s income from regular operations for the 2018 year was $4,500,000 (after taxes.) Required: (a) in its 2018 Income statement, what should Alpha report as profit or loss from discontinued op (net of tax effects)? Show all work. (5 points) (b) Assuming that Alpha Co, had 1,200,000 shares of common stock outstanding during 2018 an preferred stock, present the earnings per share that would be required to report to sharehe (Aftertake lah 20 250.000

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