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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
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$38,000.
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$32,600.
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$41,600.
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$27,200.
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