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Question 1 --/2 View Policies Current Attempt in Progress Marigold Inc. has sold its distribution division in the current year. Marigold has a $112000 loss
Question 1 --/2 View Policies Current Attempt in Progress Marigold Inc. has sold its distribution division in the current year. Marigold has a $112000 loss from operation of the distribution division and a gain on sale of the division's assets of $40000. Assuming Marigold has a tax rate of 34%, the results from discontinued operations reported on Marigold's income statement is O loss of $47520. O loss of $13600. O loss of $72000. O loss of $24480
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