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What is Misty income from continuing operations

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Reference no: EM133028742

Question - Misty Company reported the following before-tax items during the current year: Sales revenue $1,400

Selling and administrative expenses 740

Restructuring charges 20

Loss on discontinued operations 80

Misty's effective tax rate is 25%.

Required - What is Misty's income from continuing operations?

a. $480.

b. $495.

c. $560.

d. $690.

Reference no: EM133028742

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