Question: Information for Rusecki Corp. for the current year ( $ in millions ) is as follows: Income from continuing operations before tax $ 1 5
Information for Rusecki Corp. for the current year $ in millions is as follows: Income from continuing operations before tax $ Loss on discontinued operation pretax Temporary differences all related to operating income: Accrued warranty expense in excess of expense included in operating income Depreciation deducted on tax return in excess of depreciation expense Permanent differences all related to operating income: Permanent differences all related to operating income: Nondeductible portion of entertainment expense The applicable enacted tax rate for all periods is How much tax expense on income from continuing operations would be reported in Rusecki's income statement? O A $ million O B $ million O C $ million O D $ million
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