Fleming company has the following items write-down of, Ask an Expert

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Fleming Company has the following items: prepare-down of inventories, $240,000; loss on disposal of Sports Division, $370,000; and loss due to an expropriation, $226,000. Ignoring income taxes, what total amount should Fleming Company report as extraordinary losses?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M983699

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