where exactly extraordinary and discountinued operations

CFA Level I
#1

will be placed in the income statement. below operating income, below net income. the book did a terrible job on explaining this stuff and i have seen numerous questions about these two

#2

It is below net income from continuing operations. Gain or loss on the discontinued item. Loss on extraordinary item.

#3

To my understanding: Sales Cogs Admins/other overhead Depre Int UNUSUAL OR INFREQUENT Taxes DISCONTINUED OPERATIONS Net Income EXTRA ORDINARY

#4

i think: sales cogs dep loss or gain from discontinued ope int taxes dicontinued op net income extra ordi.

#5

I’ll take your word (post) for it - I hate FSA

#6

extra ordinary goes before NI after taxes just like dicountinued ops there is nothing bellow NI ever… except for EPS

#7

great… this is really confusing. So is the final verdict: Sales cogs admin/other deprec unusual/infrequent int tax discontinued extraordinary NET INCOME

#8

^^^^almost looks right to me except i would switch unusual/infreq. with depreciation cuz EBITA does include gains and losses.