Question
A company reported the following results of its operations for 2006: Loss from discontinued operations (pre-tax) $9,000 Net income (after tax) 32,600 Income tax rate
A company reported the following results of its operations for 2006:
| Loss from discontinued operations (pre-tax) | $9,000 |
| Net income (after tax) | 32,600 |
| Income tax rate | 40% |
Income from continuing operations was:
Multiple Choice
$38,000.
$32,600.
$41,600.
$27,200.
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Financial Accounting
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
5th Canadian edition
133472264, 978-0133446265, 133446263, 978-0133472264
