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If operating income is minus, e.g., -120000, tax rate is 11.7%, how to compute net income? operating income (before tax) -$120000 tax ------------- (11.7%) Net

If operating income is minus, e.g., -120000, tax rate is 11.7%, how to compute net income?

operating income (before tax) -$120000

tax ------------- (11.7%)

Net Income -------------

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