Identify which items on an income statement are included in calculating income from continuing operations.
a) interest expense
b) revenue
c) loss
d) discontinued operations

a) interest expense

b) revenue

c) loss

Explanation:

The income from continuing operations is the income that is calculated after considering the revenues earned, loss and the expenses incurred

It is different from the net income as net income also involves the income from discontinued operations

So in the given situation, the interest expense, losses, and revenue are included. The rest are ignored

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