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Business, 22.01.2020 04:31 anayamulay
Major co. reported 2016 income of $315,000 from continuing operations before income taxes and a before-tax loss on discontinued operations of $63,000. all income is subject to a 40% tax rate. in the 2016 income statement, major co. would show the following line-item amounts for income tax expense and net income:
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Major co. reported 2016 income of $315,000 from continuing operations before income taxes and a befo...
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