ABZ LLC Company compiled the following financial information as of December 31, 2020: Income from continuing operation OMR 100,000,000 Loss from discontinued operation OMR 40,000,000 Income from discontinued operation OMR 10,000,000 Tax rate@ 30% Calculate the net income of ABZ LLC as on December 31, 2020. OMR 21,000,000 OMR 79,000,000 OMR 9,000,00O None of the listed choices
ABZ LLC Company compiled the following financial information as of December 31, 2020: Income from continuing operation OMR 100,000,000 Loss from discontinued operation OMR 40,000,000 Income from discontinued operation OMR 10,000,000 Tax rate@ 30% Calculate the net income of ABZ LLC as on December 31, 2020. OMR 21,000,000 OMR 79,000,000 OMR 9,000,00O None of the listed choices
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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