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Ibri Company has income before tax RO 500,000 from their main operations and loss of RO 120,000 from discontinued operations. The income tax rate is
Ibri Company has income before tax RO 500,000 from their main operations and loss of RO 120,000 from discontinued operations. The income tax rate is 15%. You are required to identify from the following the income from continuing operation of Ibri company A. OMR 500,000 B. None of the other options C. OMR 323,000 D. OMR 425,000
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