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Eaton, Inc. disposes of an unprofitable segment of its business. The operation of the segment suffered a $360,000 loss in the year of disposal. The loss on disposal of the segment was $180,000. If the tax rate is 30%, and income before income taxes was $2,250,000
A. the income tax expense on the income before discontinued operations is $513,000.
B. the income from continuing operations is $1,575,000.
C. net income is $1,710,000.
D. the losses from discontinued operations are reported net of income taxes at $270,000.
estimation of the firms present cash conversion cycle.you were recently hired as cfo to improve the performance of
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walker runs a business as a plumber. the trial balance and additional information of the business as on 31 december
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