Solution-What is the amount of income tax expense

What is the amount of income tax expense

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Question - Southeast Airlines had pretax earnings of $90 million. Included in this amount is income from discontinued operations of $20 million. The company's tax rate is 25%. What is the amount of income tax expense that Southeast would report in its income statement for continuing operations?

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What is the amount of income tax expense

Reference no: EM133075777

Reference no: EM133075777

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