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Instructions: Identify the Following Terms

question 46

Short Answer

Instructions: Identify the following terms.
Utamaro, Hokusai, and Hiroshige


Definitions:

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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