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Mobilence Inc. reports income from continuing operations before taxes of $2,700,000 and had a discontinued operations loss of $900,000. If the tax rate is 30%,
Mobilence Inc. reports income from continuing operations before taxes of $2,700,000 and had a discontinued operations loss of $900,000. If the tax rate is 30%, the
a. income from continuing operations is $1,890,000.
b. discontinued operations loss would be reported on the income statement at $900,000.
c. income from continuing operations is $2,160,000.
d. discontinued operations loss will be reported at $270,000.
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