If a Company Has a Discontinued Operation Gain of $30,000

question 162

Multiple Choice

If a company has a discontinued operation gain of $30,000 and a 32% tax rate, what is the effect on net income?

• A) Increase of $30,000.
• B) Increase of $20,400.
• C) Increase of $9,600.
• D) No effect.

Interpret the difference between nominal and effective rates of interest.

Apply the concepts of time value of money to determine the value of annuities and bonds.

Calculate the sustainability of funds and investments over time given specific withdrawal or deposit conditions.

Analyze the costs and benefits associated with different payment plans and financial products.