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What is final net loss to appear on the income statement

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Reference no: EM133128798

Question - The Tempe Co. incurred the following income and losses:

 

2021

2022

2023

Pretax Income (loss)

$100

$60

($200)

The Tax Rate is 30% in all years.

If realization of future tax savings is assured beyond any doubt, what is the 2023 final net loss to appear on the income statement?

Reference no: EM133128798

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