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The Franzoni Co. has: A = a restructuring charge of $70,000, B = gain on discontinued operations of $100,000. It has a tax rate of

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The Franzoni Co. has: A = a restructuring charge of $70,000, B = gain on discontinued operations of $100,000. It has a tax rate of 40%. Should A & B be reported net of tax on the multiple-step income statement? O A = Yes; B = Yes A = No; B = Yes A = No; B = No O A = Yes; = B = No

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