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If a company has a discontinued operation gain of $30000 and a 32% tax rate, what is the effect on net income? 1.Increase of $20400.
If a company has a discontinued operation gain of $30000 and a 32% tax rate, what is the effect on net income? 1.Increase of $20400.
| 2 | Increase of $30000. |
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| 3Increase of $9600. |
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| 4No effect. |
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Auditing Principles And Practice
Authors: Kumar And Sharma
3rd Edition
8120350987, 9788120350984
