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Compute the other income and expense

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PROBLEM - Income Computations - Presented below is financial information related to Finney Company

Revenue 950,000

Income from continuing operations 120,000

Comprehensive income 140,000

Net income 105,000

Income from operations 260,000

Selling and administrative expenses 600,000

Income before income tax 240,000

Required - Compute the following (a) other income and expense, (b) financing costs, (c) income tax, (d) discontinued operations, and (e) other comprehensive income.

Reference no: EM132954328

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