Which of the following items are NOT reported as part of income from continuing operations?
A) discontinued operations
B) gross profit
C) other income and (expenses)
D) gain on sale of equipment

Question

Quizplus · Accepted Answer

Discontinued operations are reported separately from income from continuing operations. The remaining options (B, C, and D) are all part of income from continuing operations.

Which of the Following Items Are NOT Reported as Part