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If a company has a discontinued operation gain of $42000 and a 31% tax rate, what is the effect on net income? A. Increase of
If a company has a discontinued operation gain of $42000 and a 31% tax rate, what is the effect on net income?
A. Increase of $42000.
B. No effect.
C. Increase of $28980.
D. Increase of $13020.
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