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Alrumhi company decides to discontinue its computer division. During the current year computer division's loss from operations OMR 500,000 before tax. All products company sold
Alrumhi company decides to discontinue its computer division. During the current year computer division's loss from operations OMR 500,000 before tax. All products company sold the division at the end of the year at a loss of RO 80,000. The income tax rate is 35%. Calculate the net income for 2019, beginning with income from continuing operations. OMR 203,000 OMR 500,000 OMR 377,000 OMR 580.000
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