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Business, 24.10.2019 02:00 davidleew24

Trayer corporation has income from continuing operations of $270,000 for the year ended december 31, 2020. it also has the following items (before considering income taxes). 1. an unrealized loss of $87,000 on available-for-sale securities. 2. a gain of $40,000 on the discontinuance of a division (comprised of a $10,000 loss from operations and a $50,000 gain on disposal). assume all items are subject to income taxes at a 18% tax rate.

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Trayer corporation has income from continuing operations of $270,000 for the year ended december 31,...
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