Examlex
Simplify. Your answer should be in lowest terms.
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Extraordinary Gains
Profits from events or transactions that are both unusual in nature and infrequent in occurrence, though this distinction has been eliminated in current accounting practices.
Pretax Loss
The loss a company incurs before taxes are deducted.
Pretax Gain
The profit a company has made before any taxes have been applied.
Tax Rate
The rate at which income is taxed for a person or a business entity.
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