Information for Hobson Corp. for the current year ($ in millions):

Income from continuing operations before tax $215
Loss on discontinued operation (pretax) 30

Temporary differences (all related to operating income):
Accrued warranty expense in excess of expense included in operating income 70
Depreciation deducted on tax return in excess of depreciation expense 145

Permanent differences (all related to operating income):
Nondeductible portion of entertainment expense 17
The applicable enacted tax rate for all periods is 25%.

What should Hobson report as income from continuing operations?

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst