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What is misty net income from continuing operations

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Reference no: EM132519012

Misty Company reported the following before-tax items during the current year:

Sales revenue                                   $600

Selling and administrative expenses       $260

Restructuring charges                         $20

Loss on discontinued operations            $40

Misty's effective tax rate is 25%.

Question 1: What is Misty's net income from continuing operations?

Reference no: EM132519012

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