Presented below is some financial information related to Volaire Group, a service company.
Revenues........................................................€800,000
Income from continuing operations...........................100,000
Comprehensive income..........................................120,000
Net income.........................................................90,000
Income from operations........................................220,000
Selling and administrative expenses..........................500,000
Income before income tax.....................................200,000
Compute the following:
(a) Other income and expense,
(b) Financing costs,
(c) Income tax,
(d) Discontinued operations,
(e) Other comprehensive income.