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Gerogi Company Had the Following Balances for Income from Continuing

Question 49

Multiple Choice

Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31: Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31: The company's effective tax rate is 40%.What amount should Gerogi Company report as comprehensive income for the year ended December 31? A) $426,000 B) $495,600 C) $606,400 D) $643,200 The company's effective tax rate is 40%.What amount should Gerogi Company report as comprehensive income for the year ended December 31?


A) $426,000
B) $495,600
C) $606,400
D) $643,200

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