A Company Reported the Following Results of Its Operations for 2006

question 4

Multiple Choice

A company reported the following results of its operations for 2006: $$\begin{array} { | l | l | } \hline \text { Loss trom discontinued operations (pre-tas) } & \$ 9,000 \\\hline \text { Net income (atter tax) } & 32,600 \\\hline \text { ncome tax rate } & 40 \% \\\hline\end{array}$$ Income from continuing operations was:

• A) $32,600.
• B) $27,200.
• C) $41,600.
• D) $38,000.

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Definitions:

Sexual Preference

An individual's pattern of physical, romantic, or emotional attraction to others, based on gender or sex characteristics.

Moral Code

A set of principles or values that guide an individual's decisions and behavior, often based on societal, religious, or personal beliefs.

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A system of rules created and enforced through social or governmental institutions to regulate behavior.

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A formal document outlining the rights and freedoms guaranteed to the citizens or members of an organization or country.