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Business, 13.11.2020 07:00 lescoto9035

During its 2018 fiscal year, Jacobsen Corporation reported before-tax income of $637,000. This amount does not include the following two items, both of which are considered to be material in amount: Unusual gain $ 217,000 Loss on discontinued operations ( 317,000 ) The company's income tax rate is 35%. Jacobsen Corporation prepares its financial statement applying International Financial Reporting Standards (IFRS). In its 2018 income statement, Jacobsen would report income from continuing operations of:

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During its 2018 fiscal year, Jacobsen Corporation reported before-tax income of $637,000. This amoun...
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