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8 Daisy Industries has income before taxes of $884,600 and a loss on discontinued operations of $261,720. Violet Manufacturing has income before taxes of $799,500
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Daisy Industries has income before taxes of $884,600 and a loss on discontinued operations of $261,720. Violet Manufacturing has income before taxes of $799,500 and a loss on discontinued operations of $142,400. If both firms' income tax rate is 30% on all items, then Daisy's income from continuing operations is than Violet'sStep by Step Solution
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