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NEW QUESTION: 1
On December 2, 20X1, Flint Corp.'s board of directors voted to discontinue operations of its frozen food division and to sell the division's assets on the open market as soon as possible. The division reported net operating losses of $20,000 in December and $30,000 in January. On February 26, 20X2, sale of the division's assets resulted in a gain of $90,000. Assuming that the frozen foods division qualifies as a component of the business and ignoring income taxes, what amount of gain/loss from discontinued operations should Flint recognize in its income statement for 20X2?
A. $0
B. $90,000
C. $40,000
D. $60,000
Answer: D

NEW QUESTION: 2
Drag and drop the cloud deployment model to the associated use-case scenario. Options may be used only once or not at all.

Answer:
Explanation:

NEW QUESTION: 3
CORRECT TEXT
You would like to temporarily change your command line editor to be vi. What command should you type to change it?
Answer:
Explanation:
set -o vi
Explanation: The readline support in the bash shell defaults to emacs editing mode. You can easily switch that to vi mode by issuing the following command: set -o vi. This will last until you logoff. The next time you log on, the default editing mode will be used.